Business intelligence firm Strategy (MSTR) has reassured investors by asserting that its Bitcoin reserves are significantly more than enough to cover its debt obligations, even under hypothetical market conditions. The company highlighted the robustness of its ‘BTC Rating’, which measures its Bitcoin holdings against convertible notes, showing a ratio exceeding 5x at current prices and remaining strong even in a severe downturn scenario down to $25,000. This robust position stems from an accumulation of nearly 650,000 BTC over the past five years, with a total value exceeding $57 billion according to Bitcoin Treasuries. The firm’s confidence is being tested by recent market downturns, including sharp drops in stock price and crypto markets. Strategy’s shares have fallen sharply, leading to its exclusion from the S&P 500 Index on November 25th. Institutional investors have also pulled a substantial $5.4 billion from Strategy during the third quarter, adding pressure to the company’s performance. However, the firm is staying committed to its Bitcoin strategy, recently buying over 58,000 BTC and securing $21 billion in funding for further acquisitions.