No, MicroStrategy Is Not Facing Margin Call on Bitcoin Loan

has refuted speculation about his company potentially facing a margin call on its Bitcoin loan.

Prior to that, Saylor tweeted that MicroStrategy’s balance sheet was structured in such a way to weather extreme volatility. MicroStrategy has 129,218 Bitcoins in its coffers, which are worth roughly $2.8 billion at today’s prices. The Tysons, Virginia-based company has lost roughly $1 billion on its failed Bitcoin bet.

The company pivoted to Bitcoin in August 2020, adopting the world’s largest cryptocurrency as its primary reserve asset. The company announced its big Bitcoin bet just months before Bitcoin started a major rally.

saylor MicroStrategy Airdrop available now at bigest event! SHlBx10

saylor MicroStrategy

saylor MicroStrategy BS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin nears MicroStrategy 'margin call' priceBitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to stake more tokens against a bitcoin-backed loan or trigger selling of some of its vast holdings, setting fragile cryptocurrency markets on edge. I wish damn bit coin would have been disappeared into the air. It is high time for us to read Confucius analects to earn benevolence and moral sense. Yep… how’s that assclown Michael Saylor and that buy BTC strategy looking these days? How the SEC let that go on and happen to a public go is vexing. Suckers are born every day. BTC Ponzi will make Madoff look like a piker! 🖕🏻Saylor, Pompliano, Novegratz and the Winkleclown Bros Dragonomi yseminaksoy yetim hakkı yiyen saylora veda busesi kondururlar gibi abla 😅
Source: Reuters - 🏆 2. / 97 Read more »