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Ethereum World News 2022-05-04 16:19:08

Microstrategy Could Get a Margin Call if Bitcoin Drops to $21k, But the Company is Prepared

Summary: Michael Saylor’s Microstrategy could face a margin call on its debt if Bitcoin drops below $21k However, the company is prepared to add funding to their existing position Microstrategy recently secured a loan of $205 million in late March, payable monthly beginning this month till March 2025 Microstrategy now holds 129,218 Bitcoins with a cumulative impairment loss of $1.071 billion The business intelligence and analytics company of Microstrategy could be set to receive a margin call on its debt […]

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