Microstrategy bitcoin margin call

microstrategy bitcoin margin call

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Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus a margin call.

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Michael Saylor Margin Call
If Bitcoin drops below $21,, Saylor and company will be hit with a margin call, forcing them to pony up more of the leading cryptocurrency to. A BTIG analyst said concerns about a margin call were overblown as about 96, of the company's tokens are still available for MicroStrategy to. MicroStrategy says it hasn't received a margin call against a $ million bitcoin-backed loan it took in March.
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ET NOW. Still, the bitcoin sale comes despite Saylor's vow in January : "Never. Sign up. When asked whether it would make sense for the company to buy some of its own bonds, which are trading at a discount, Saylor said that "the securities market is very volatile" and that the company's investors are very aware of its bitcoin-focused strategy.