Michael Saylor: MicroStrategy Could Post Some Other Collateral for its Loan Besides its 115k BTC, if Bitcoin Drops below $3,562

  • Michael Saylor has clarified that MicroStrategy can collateralize its $205 million loan from SilverGate bank with its 115,109 Bitcoin holdings
  • He also added that Microstrategy could post some other type of collateral if Bitcoin fell below $3,562
  • There have been a lot of murmurs about Microstrategy getting a margin call on its loan if Bitcoin fell below $21k
  • Mr. Saylor had joked about working for McDonalds as Bitcoin crashed below $32k and $30k
Microstrategy CEO Michael Saylor Bitcoin permabull Michael Saylor: MicroStrategy Could Post Some Other Collateral for its Loan Besides its 115k BTC, if Bitcoin Drops below $3,562
Michael Saylor: MicroStrategy Could Post Some Other Collateral for its Loan Besides its 115k BTC, if Bitcoin Drops below $3,562 2

Leave a Reply