MicroStrategy Gives Lowest Bitcoin Price to Avoid Holdings Liquidation

  • MicroStrategy took out a $205 million loan from Silvergate Bank to purchase Bitcoin.
  • The loan needs $410 million in collateral.
  • If the price of Bitcoin falls below $3,562, the company could post other collateral.
  • If the price of Bitcoin falls below $21,000, MicroStrategy might be met with a margin call.
  • CEO Michael Saylor continues to maintain that his company does not plan to ever sell MicroStrategy’s Bitcoin stash.
  • MicroStrategy recently stated its intention of offering its employees the option to invest in Bitcoin as part of its 401(k) program.
14724 MicroStrategy Gives Lowest Bitcoin Price to Avoid Holdings Liquidation
MicroStrategy Gives Lowest Bitcoin Price to Avoid Holdings Liquidation 2

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