- I remember seeing this post and immediately thinking the market would take that as a challenge. So far so good https://finance.yahoo.com/news/bitcoin-margin-call-world-leading-211214653.html 31 comments cryptocurrency
- A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up https://finance.yahoo.com/news/bitcoin-margin-call-world-leading-211214653.html 13 comments bitcoin
- Microstrategy has $4 Billion invested in Bitcoin using many loans. This is a reason why cryptocurrencies with utility cant compete with their price. These guys max leverage loans to push Bitcoin up to prices it cant justify. If Bitcoin goes down these loans will all get margin called. https://finance.yahoo.com/news/bitcoin-margin-call-world-leading-211214653.html 32 comments btc
Linked pages
- Michael Saylor's MicroStrategy will face a margin call if Bitcoin sinks below $21,000 | Fortune https://fortune.com/2022/05/04/michael-saylor-microstrategy-margin-call-bitcoin/ 309 comments
- Fortune - Fortune 500 Daily & Breaking Business News | Fortune http://fortune.com 22 comments
- MacroStrategy, a Subsidiary of MicroStrategy, Closes $205 Million Bitcoin-Collateralized Loan with Silvergate Bank to Purchase Bitcoin https://www.microstrategy.com/en/investor-relations/press/silvergate-bank-issues-205-m-loan-to-macrostrategy-collateralized-by-bitcoin_03-29-2022 16 comments