{"id":204091,"date":"2025-11-17T20:18:42","date_gmt":"2025-11-17T11:18:42","guid":{"rendered":"https:\/\/cryptonews.com\/kr\/news\/michael-saylor-slams-47000-btc-sale-rumor-teases-pleasantly-surprising-new-buys\/"},"modified":"2025-11-17T20:17:26","modified_gmt":"2025-11-17T11:17:26","slug":"michael-saylor-slams-47000-btc-sale-rumor-teases-pleasantly-surprising-new-buys","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/kr\/news\/michael-saylor-slams-47000-btc-sale-rumor-teases-pleasantly-surprising-new-buys\/","title":{"rendered":"\uc138\uc77c\ub7ec, \ube44\ud2b8\ucf54\uc778 4\ub9cc7\ucc9c\uac1c \ub9e4\ub3c4\uc124 \uc77c\ucd95"},"content":{"rendered":"<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"673\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/18\/2025\/11\/17175244\/1763154220-d74b18db-a51a-4e87-8c67-e0b4880cc50d_optimized.jpg\" alt=\"\uc138\uc77c\ub7ec \ube44\ud2b8\ucf54\uc778 \ub9e4\uc218\" class=\"wp-image-204092\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/18\/2025\/11\/17175244\/1763154220-d74b18db-a51a-4e87-8c67-e0b4880cc50d_optimized.jpg 1200w, https:\/\/cimg.co\/wp-content\/uploads\/sites\/18\/2025\/11\/17175244\/1763154220-d74b18db-a51a-4e87-8c67-e0b4880cc50d_optimized-300x168.jpg 300w, https:\/\/cimg.co\/wp-content\/uploads\/sites\/18\/2025\/11\/17175244\/1763154220-d74b18db-a51a-4e87-8c67-e0b4880cc50d_optimized-1024x574.jpg 1024w, https:\/\/cimg.co\/wp-content\/uploads\/sites\/18\/2025\/11\/17175244\/1763154220-d74b18db-a51a-4e87-8c67-e0b4880cc50d_optimized-768x431.jpg 768w, https:\/\/cimg.co\/wp-content\/uploads\/sites\/18\/2025\/11\/17175244\/1763154220-d74b18db-a51a-4e87-8c67-e0b4880cc50d_optimized-450x252.jpg 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/figure><p class=\"wp-block-paragraph\">\ube44\ud2b8\ucf54\uc778 \ud22c\uc790 \uae30\uc5c5 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 CEO\uc778 \ub9c8\uc774\ud074 \uc138\uc77c\ub7ec\uac00 \uc9c0\ub09c 14\uc77c\uc5d0 \uc2dc\uc7a5 \uce68\uccb4\uae30 \uac00\uc6b4\ub370 \ube44\ud2b8\ucf54\uc778 \uc218\ub9cc \uac1c\ub97c \ub9e4\ub3c4\ud588\ub2e4\ub294 \ucd94\uce21\uc774 \ud37c\uc9c0\uc790 \uc774\ub97c \uc804\uba74 \ubd80\uc778\ud588\ub2e4.<\/p><p class=\"wp-block-paragraph\">\uadf8\ub294 <a href=\"https:\/\/x.com\/saylor\/status\/1989337430441271341?s=20\">X \uac8c\uc2dc\ubb3c<\/a>\uc744 \ud1b5\ud574 \ud574\ub2f9 \ucd94\uce21\uc740 \uac70\uc9d3\uc774\ub77c\uace0 \uac15\uc870\ud558\uba70 \ube44\ud2b8\ucf54\uc778\uc774 6\uac1c\uc6d4 \ub9cc\uc5d0 \ucc98\uc74c\uc73c\ub85c 9\ub9cc 5\ucc9c\ub2ec\ub7ec \uc544\ub798\ub85c \ubc00\ub824\ub09c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc5ec\uc804\ud788 \ub9e4\uc218\ub97c \uc774\uc5b4\uac00\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">DID SAYLOR SELL $4 BILLION TODAY?<br><br>No. Strategy has been moving billions of dollars of BTC in the past 2 weeks as part of what appears to be a change in custodians for some of their Bitcoin.<br><br>Our research team wrote a deep-dive on Strategy\u2019s recent movements and activity, to help\u2026 <a href=\"https:\/\/t.co\/1pvycnF3ZX\">https:\/\/t.co\/1pvycnF3ZX<\/a><\/p>&mdash; Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1989423578408730695?ref_src=twsrc%5Etfw\">November 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\uc18c\ubb38\uc740 \uc554\ud638\ud654\ud3d0 \ubd84\uc11d \ud50c\ub7ab\ud3fc <a href=\"https:\/\/x.com\/arkham\/status\/1989423578408730695?s=20\">\uc544\uce84(Arkham)<\/a>\uc774 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 \ube44\ud2b8\ucf54\uc778 \ubcf4\uc720\ub7c9\uc774 48\ub9cc 4\ucc9c \uac1c\uc5d0\uc11c 43\ub9cc 7\ucc9c \uac1c\ub85c \uc904\uc5c8\ub2e4\uace0 \ubc1d\ud788\uba74\uc11c \ud655\uc0b0\ub410\ub2e4. \ub2f9\uc2dc \uae30\uc900\uc73c\ub85c \uc57d 4\uc5b5 6\ucc9c\ub9cc\ub2ec\ub7ec \uaddc\ubaa8\uc5d0 \ud574\ub2f9\ud558\ub294 4\ub9cc 7\ucc9c \uac1c\uac00 \uc0ac\ub77c\uc9c4 \uc148\uc774\ub2e4.<\/p><p class=\"wp-block-paragraph\">\ud574\ub2f9 \ubcf4\uace0\uc11c\ub294 \ube44\ud2b8\ucf54\uc778\uc774 \ud558\ub8e8 \ub9cc\uc5d0 4% \ub118\uac8c \ud558\ub77d\ud574 10\ub9cc\ub2ec\ub7ec \uc120\uc744 \ub0b4\uc8fc\uace0 9\ub9cc 5\ucc9c\ub2ec\ub7ec \uc544\ub798\ub85c \ub0b4\ub824\uac04 \ud558\ub77d\uc138\uc640 \ub9de\ubb3c\ub9ac\uba70 \ubd88\uc548\uc744 \ud0a4\uc6e0\ub2e4. \uc138\uc77c\ub7ec\ub294 <a href=\"https:\/\/x.com\/saylor\/status\/1989337430441271341?s=20\">X \uac8c\uc2dc\ubb3c<\/a>\uc744 \ud1b5\ud574 \ud68c\uc0ac\uac00 \ube44\ud2b8\ucf54\uc778\uc744 \ub9e4\ub3c4\ud588\ub2e4\ub294 \uc8fc\uc7a5\uc740 \uc798\ubabb\ub41c \uc815\ubcf4\ub77c\uba70 \uc18c\ubb38\uc744 \uc77c\ucd95\ud588\ub2e4.<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">We are \u20bfuying.<a href=\"https:\/\/t.co\/6g11E9G6pO\">pic.twitter.com\/6g11E9G6pO<\/a><\/p>&mdash; Michael Saylor (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1989337430441271341?ref_src=twsrc%5Etfw\">November 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><h2 class=\"wp-block-heading\">\uc138\uc77c\ub7ec \ube44\ud2b8\ucf54\uc778 \ub9e4\ub3c4\uc124 \uc77c\ucd95 \u00b7\u00b7\u00b7 \uc624\ud788\ub824 487\uac1c \ucd94\uac00 \ub9e4\uc785<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\uc774\uc5b4 <a href=\"https:\/\/www.youtube.com\/watch?v=nEeVgtDn3Bw\">CNBC \uc778\ud130\ubdf0<\/a>\uc5d0\uc11c \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uac00 \ube44\ud2b8\ucf54\uc778\uc744 \ud310\ub9e4\ud558\uc9c0 \uc54a\uc558\uc744 \ubfd0 \uc544\ub2c8\ub77c \uc624\ud788\ub824 \ub9e4\uc218 \uc18d\ub3c4\ub97c \ub192\uc774\uace0 \uc788\ub2e4\uace0 \uac15\uc870\ud588\ub2e4. \uadf8\ub294 \uc6b0\ub9ac\ub294 \uacc4\uc18d \uc0ac\uace0 \uc788\ub2e4\uba70 \ub2e4\uc74c \ub9e4\uc785 \ub0b4\uc5ed\uc744 17\uc77c \uc624\uc804\uc5d0 \uacf5\uac1c\ud560 \uc608\uc815\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4.<\/p><p class=\"wp-block-paragraph\">\ub610\ud55c \ud604\uc7ac \ube44\ud2b8\ucf54\uc778\uc758 \ud558\ub77d\uc138\uc640 \uc0c1\uad00\uc5c6\uc774 \uc2a4\ud2b8\ub798\ud2b8\uc9c0\ub294 \ube44\ud2b8\ucf54\uc778 \ud22c\uc790\uc5d0 \uc9d1\uc911\ud560 \uac83\uc774\ub77c\ub294 \uc810\ub3c4 \ubd84\uba85\ud788 \ud588\ub2e4. \uadf8\ub294 \ube44\ud2b8\ucf54\uc778 \ud22c\uc790\uc790\uac00 \ub418\ub824\uba74 \ucd5c\uc18c 4\ub144 \ubcf4\uc720\ub97c \ubaa9\ud45c\ub85c \ud574\uc57c \ud558\uba70 \ub192\uc740 \ubcc0\ub3d9\uc131\uc744 \uac10\ub2f9\ud560 \uc218 \uc788\uc5b4\uc57c\ud55c\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.<\/p><figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\uc2a4\ud2b8\ub798\ud2f0\uc9c0 \ube44\ud2b8\ucf54\uc778\" class=\"wp-image-452277 lazyload\" data-src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2025\/11\/image-195.png\" data-srcset=\"\"><figcaption class=\"wp-element-caption\"><em>\ucd9c\ucc98: <a href=\"https:\/\/bitcointreasuries.net\/public-companies\/microstrategy\">Bitcoin Treasury<\/a><\/em><\/figcaption><\/figure><p class=\"wp-block-paragraph\">\uc2a4\ud2b8\ub798\ud2f0\uc9c0\uac00 \uc81c\uacf5\ud55c \ub370\uc774\ud130\ub3c4 \uadf8\uc758 \ubc1c\uc5b8\uc744 \ub4b7\ubc1b\uce68\ud558\uace0 \uc788\ub2e4. 17\uc77c \uae30\uc900 <a href=\"https:\/\/bitcointreasuries.net\/public-companies\/microstrategy\">\ud68c\uc0ac \ub300\uc2dc\ubcf4\ub4dc<\/a>\uc5d0\ub294 \ube44\ud2b8\ucf54\uc778 \ubcf4\uc720\ubd84\uc774 \ucd1d 64\ub9cc 1692\uac1c\ub85c \ud45c\uc2dc\ub418\uc5b4 \uc788\uc73c\uba70 \uc774\ub294 \uae30\uc874 \uacf5\uc2dc\uc640 \uc77c\uce58\ud55c\ub2e4. \ubbf8\uad6d \uc99d\uad8c \uac70\ub798 \uc704\uc6d0\ud68c(SEC) \uc81c\ucd9c \uc790\ub8cc\uc5d0\uc11c\ub3c4 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uac00 11\uc6d4 \ucd08\uae4c\uc9c0 \uafb8\uc900\ud788 \ub9e4\uc218\ub97c \uc774\uc5b4 \uc628 \uc0ac\uc2e4\uc774 \ud655\uc778\ub41c\ub2e4.<\/p><p class=\"wp-block-paragraph\">\uc774\ub0a0 \ube44\ud2b8\ucf54\uc778\uc758 \uae09\uaca9\ud55c \uc6c0\uc9c1\uc784\uc740 \uc774\ubbf8 \ud754\ub4e4\ub9ac\uace0 \uc788\ub358 \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc5d0 \ub610 \ub2e4\ub978 \ubd88\ud655\uc2e4\uc131\uc744 \ub354\ud588\ub2e4.<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Strategy(<a href=\"https:\/\/twitter.com\/Strategy?ref_src=twsrc%5Etfw\">@Strategy<\/a>) moved 58,915 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>($5.77B) to new wallets today, likely for custody purposes.<a href=\"https:\/\/t.co\/FgZG2ZWlVi\">https:\/\/t.co\/FgZG2ZWlVi<\/a> <a href=\"https:\/\/t.co\/fimqXsgLH0\">pic.twitter.com\/fimqXsgLH0<\/a><\/p>&mdash; Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1989300096849375637?ref_src=twsrc%5Etfw\">November 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\uc628\uccb4\uc778 \ubd84\uc11d\uac00\ub4e4\uc740 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uac00 <a href=\"https:\/\/x.com\/lookonchain\/status\/1989300096849375637?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1989300096849375637%7Ctwgr%5E716c8a7b6af1c8ef70fb394d38f7fe5ef519dd57%7Ctwcon%5Es1_c10&#038;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fstrategy-s-nav-falls-under-1-critics-raise-alarm-after-dollar5-7b-bitcoin-wallet-move\">\ube44\ud2b8\ucf54\uc778 5\ub9cc 8000\uac1c \uc774\uc0c1\uc744 \uc0c8\ub85c\uc6b4 \uc9c0\uac11\uc73c\ub85c \uc774\uccb4<\/a>\ud588\uc73c\uba70 \uc774 \ubcc0\ud654\uac00 \uc54c\uace0\ub9ac\uc998 \ub9e4\ub9e4\ub97c \uc790\uadf9\ud574 \ub9e4\ub3c4 \uc555\ub825\uc744 \uac15\ud654\ud55c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.<\/p><p class=\"wp-block-paragraph\">\ubd84\uc11d\uac00\ub4e4\uc740 \ud574\ub2f9 \uc774\uccb4\ub97c \uccad\uc0b0\uc774 \uc544\ub2c8\ub77c \uc218\ud0c1 \uad6c\uc870 \uc870\uc815\uc73c\ub85c \ud574\uc11d\ud588\uc9c0\ub9cc \uc774\ub294 \uc6b0\ub824\ub97c \uc9c4\uc815\uc2dc\ud0a4\uae30\uc5d0\ub294 \uc5ed\ubd80\uc871\uc774\uc5c8\ub2e4.<\/p><h2 class=\"wp-block-heading\">\uc2a4\ud2b8\ub798\ud2f0\uc9c0 \uc8fc\uac00 1\ub144 \ub9cc\uc5d0 \ucd5c\uc800\uce58\ub85c \ud6c4\ud1f4<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\uc2dc\uc7a5\uc758 \uc6b0\ub824\ub294 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 \uc8fc\uac00\uc5d0\uc11c \ub098\ud0c0\ub0ac\ub2e4. \ub098\uc2a4\ub2e5 \uc0c1\uc7a5\uc0ac\uc778 MSTR \uc8fc\uac00\ub294 \uae08\uc694\uc77c \uac1c\uc7a5 \uc804 \uac70\ub798\uc5d0\uc11c 200\ub2ec\ub7ec \uc544\ub798\ub85c \ubbf8\ub044\ub7ec\uc84c\uace0 \uc774\ub294 2024\ub144 10\uc6d4 \uc774\ud6c4 \ucd5c\uc800 \uc218\uc900\uc774\ub2e4.<\/p><p class=\"wp-block-paragraph\">\ud68c\uc0ac\uc758 \uc21c\uc790\uc0b0 \uac00\uce58 \ubc30\uc218\ub3c4 \ucc98\uc74c\uc73c\ub85c \uc7a0\uc2dc <a href=\"https:\/\/saylortracker.com\/?tab=charts\">1 \uc544\ub798\ub85c \ub0b4\ub824\uac00\uba74\uc11c<\/a> \ud22c\uc790\uc790\ub4e4\uc774 \uc2a4\ud2b8\ub798\ud2f0\uc9c0 \uc8fc\uac00\ub97c \ube44\ud2b8\ucf54\uc778 \uac00\uce58\ubcf4\ub2e4 \ub0ae\uac8c \ud3c9\uac00\ud568\uc744 \uc2dc\uc0ac\ud588\ub2e4.<\/p><figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\uc2a4\ud2b8\ub798\ud2f0\uc9c0 \" class=\"wp-image-452283 lazyload\" data-src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2025\/11\/image-14-1024x433.jpeg\" data-srcset=\"\"><figcaption class=\"wp-element-caption\"><em><em>\ucd9c\ucc98: <\/em><a href=\"https:\/\/saylortracker.com\/?tab=charts\"><em>X<\/em><\/a><\/em><\/figcaption><\/figure><p class=\"wp-block-paragraph\">\uc774\ud6c4 \ubc30\uc218\ub294 1.09\ub85c \ud68c\ubcf5\ub410\uc9c0\ub9cc \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uac00 \uc624\ub79c \uae30\uac04 \ud504\ub9ac\ubbf8\uc5c4\uc744 \uc720\uc9c0\ud574\uc628 \ud750\ub984\uc5d0\uc11c\ub294 \ubc97\uc5b4\ub09c \uc148\uc774\ub2e4.<\/p><p class=\"wp-block-paragraph\">\uc774 \uac19\uc740 \ubcc0\ud654\ub294 \ud22c\uc790 \uc2ec\ub9ac\uc758 \uae09\uaca9\ud55c \ub0c9\uac01\uc744 \ubc18\uc601\ud55c\ub2e4. <a href=\"https:\/\/x.com\/VetleLunde\/status\/1989293669011321282?s=20\">K33 \ub9ac\uc11c\uce58<\/a>\uc5d0 \ub530\ub974\uba74 \uc2a4\ud2b8\ub798\ud2f0\uc9c0 \uc8fc\uc2dd\uc758 \ud504\ub9ac\ubbf8\uc5c4\uc740 2024\ub144 11\uc6d4 \uc774\ud6c4 \uc57d 79\uc5b5 2\ucc9c\ub9cc\ub2ec\ub7ec \uac10\uc18c\ud588\ub2e4.<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">$79.2bn reduction in MSTR&#39;s equity premiums relative to its BTC holdings since November 20, 2024. <br><br>With $31.1bn raised through dilution over this period, roughly $48.1bn of the implied demand for BTC via MSTR never translated into spot purchases. <a href=\"https:\/\/t.co\/14sf9dL4tl\">pic.twitter.com\/14sf9dL4tl<\/a><\/p>&mdash; Vetle Lunde (@VetleLunde) <a href=\"https:\/\/twitter.com\/VetleLunde\/status\/1989293669011321282?ref_src=twsrc%5Etfw\">November 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\uc774 \uae30\uac04 \ub3d9\uc548 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\ub294 \uc8fc\uc2dd \ubc1c\ud589\uc73c\ub85c 31\uc5b5\ub2ec\ub7ec \uc774\uc0c1\uc744 \uc870\ub2ec\ud588\uc9c0\ub9cc \ubd84\uc11d\uac00\ub4e4\uc740 48\uc5b5\ub2ec\ub7ec \uaddc\ubaa8\uc758 \ube44\ud2b8\ucf54\uc778 \ub9e4\uc218 \uacc4\ud68d\uc774 \uc2e4\ud589\ub418\uc9c0 \uc54a\uc740 \uac83\uc73c\ub85c \ubcf4\uace0 \uc788\ub2e4.<\/p><p class=\"wp-block-paragraph\">\uc77c\ubd80 \uc804\ubb38\uac00\ub4e4\uc740 \ud22c\uc790\uc790\ub4e4\uc774 \ub354 \uc774\uc0c1 MSTR\uc744 \ube44\ud2b8\ucf54\uc778 \ud14c\ub9c8\uc8fc\ub85c \uac04\uc8fc\ud558\uc9c0 \uc54a\ub294\ub2e4\uace0 \uc9c0\uc801\ud55c\ub2e4.<\/p><p class=\"wp-block-paragraph\">\ubc18\uba74 \uccad\uc0b0 \uc704\ud5d8\uc5d0 \ub300\ud55c \uc6b0\ub824\ub294 \uacfc\ub3c4\ud558\ub2e4\ub294 \ud3c9\uac00\ub3c4 \uc788\ub2e4. \ubd84\uc11d\uac00 \uc70c\ub9ac \uc6b0\ub294 <a href=\"https:\/\/x.com\/woonomic\/status\/1985857040124952788\">X \uac8c\uc2dc\ubb3c<\/a>\uc744 \ud1b5\ud574 MSTR\uc774 \ud68c\uc0ac \ubd80\ucc44 \uad6c\uc870\uc758 \uc784\uacc4\uc120\uc778 183.19\ub2ec\ub7ec \uc704\uc5d0\uc11c \uc720\uc9c0\ub418\ub294 \ud55c \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uac00 2027\ub144 \uc774\uc804\uc5d0 \ube44\ud2b8\ucf54\uc778\uc744 \ub9e4\ub3c4\ud560 \uac00\ub2a5\uc131\uc740 \ub0ae\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4. \uadf8\ub294 2028\ub144 \ube44\ud2b8\ucf54\uc778 \uc0ac\uc774\ud074\uc774 \uc2ec\uac01\ud558\uac8c \uc57d\uc138\uc77c \uacbd\uc6b0\uc5d0\ub9cc \ubd80\ubd84 \ub9e4\ub3c4\uac00 \ud604\uc2e4\ud654\ub420 \uc218 \uc788\ub2e4\uace0 \uc804\ub9dd\ud588\ub2e4.<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">MSTR liquidation in the next bear market? I doubt it,<br><br>Here&#39;s their debt, the date the debt is due and the price MSTR stock needs to exceed to prevent partial liquidation of their BTC treasury to pay the debt. Equivalent BTC price assumes mNAV 1.0 <a href=\"https:\/\/t.co\/AzVgecI7i2\">pic.twitter.com\/AzVgecI7i2<\/a><\/p>&mdash; Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1985857040124952788?ref_src=twsrc%5Etfw\">November 4, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\uc774\ubc88 \uc18c\ub3d9\uc740 \ub514\uc9c0\ud138 \uc790\uc0b0 \uc804\ubc18\uacfc \ubbf8\uad6d \uae08\uc735\uc2dc\uc7a5\uc5d0 \ubd88\ud655\uc2e4\uc131\uc774 \uc99d\ud3ed\ub418\ub294 \uac00\uc6b4\ub370 \ubc8c\uc5b4\uc84c\ub2e4. \ube44\ud2b8\ucf54\uc778\uc740 \ubbf8 \uc758\ud68c\uac00 43\uc77c\uac04\uc758 \uc815\ubd80 \uc167\ub2e4\uc6b4\uc744 \uc885\ub8cc\ud55c \uc9c1\ud6c4 10\ub9cc 6\ucc9c\ub2ec\ub7ec\ub97c \ub3cc\ud30c\ud588\uc9c0\ub9cc 12\uc6d4 \ubbf8\uad6d \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac10\uc774 \uc57d\ud574\uc9c0\uba74\uc11c \uc0c1\uc2b9\uc138\ub294 \ub454\ud654\ub410\ub2e4.<\/p><p class=\"wp-block-paragraph\">\uc774 \uac19\uc740 \ubcc0\ub3d9\uc131 \uc18d\uc5d0\uc11c\ub3c4 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\ub294 \uc5ec\uc804\ud788 \ucd5c\ub300 \uaddc\ubaa8\uc758 \ube44\ud2b8\ucf54\uc778 \ud22c\uc790 \uae30\uc5c5\uc774\ub2e4. \ud55c\ud3b8 \ub2e4\ub978 \uae30\uc5c5\ub4e4\ub3c4 \ube44\ud2b8\ucf54\uc778 \ub9e4\uc218\uc5d0 \ub098\uc11c\uace0 \uc788\uc5b4 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 \uc2dc\uc7a5 \uc810\uc720\uc728\uc740 75\ud37c\uc13c\ud2b8\uc5d0\uc11c 60\ud37c\uc13c\ud2b8\ub85c \uac10\uc18c\ud588\ub2e4.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ube44\ud2b8\ucf54\uc778 \ud22c\uc790 \uae30\uc5c5 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 CEO\uc778 \ub9c8\uc774\ud074 \uc138\uc77c\ub7ec\uac00 \uc9c0\ub09c 14\uc77c\uc5d0 \uc2dc\uc7a5 \uce68\uccb4\uae30 \uac00\uc6b4\ub370 \ube44\ud2b8\ucf54\uc778 \uc218\ub9cc \uac1c\ub97c \ub9e4\ub3c4\ud588\ub2e4\ub294 \ucd94\uce21\uc774 \ud37c\uc9c0\uc790 \uc774\ub97c \uc804\uba74 \ubd80\uc778\ud588\ub2e4.\uadf8\ub294 X \uac8c\uc2dc\ubb3c\uc744 \ud1b5\ud574 \ud574\ub2f9 \ucd94\uce21\uc740 \uac70\uc9d3\uc774\ub77c\uace0 \uac15\uc870\ud558\uba70 \ube44\ud2b8\ucf54\uc778\uc774 6\uac1c\uc6d4 \ub9cc\uc5d0 \ucc98\uc74c\uc73c\ub85c 9\ub9cc 5\ucc9c\ub2ec\ub7ec \uc544\ub798\ub85c \ubc00\ub824\ub09c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc5ec\uc804\ud788 \ub9e4\uc218\ub97c \uc774\uc5b4\uac00\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.\uc18c\ubb38\uc740 \uc554\ud638\ud654\ud3d0 \ubd84\uc11d \ud50c\ub7ab\ud3fc \uc544\uce84(Arkham)\uc774 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 \ube44\ud2b8\ucf54\uc778 \ubcf4\uc720\ub7c9\uc774 48\ub9cc 4\ucc9c \uac1c\uc5d0\uc11c 43\ub9cc 7\ucc9c \uac1c\ub85c [&hellip;]<\/p>\n","protected":false},"author":189,"featured_media":204092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,9],"tags":[],"editors":[49],"sponsored_companies":[],"class_list":["post-204091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-blockchain-news","editors-hyunsoo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\uc138\uc77c\ub7ec, \ube44\ud2b8\ucf54\uc778 4\ub9cc7\ucc9c\uac1c \ub9e4\ub3c4\uc124 \uc77c\ucd95<\/title>\n<meta name=\"description\" content=\"\ube44\ud2b8\ucf54\uc778 \ud22c\uc790 \uae30\uc5c5 \uc2a4\ud2b8\ub798\ud2f0\uc9c0\uc758 CEO\uc778 \ub9c8\uc774\ud074 \uc138\uc77c\ub7ec\uac00 \uc9c0\ub09c 14\uc77c\uc5d0 \uc2dc\uc7a5 \uce68\uccb4\uae30 \uac00\uc6b4\ub370 \ube44\ud2b8\ucf54\uc778 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