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Ethereum World News 2022-05-10 18:36:52

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

Quick take: 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 McDonald’s as Bitcoin crashed below $32k and $30k Microstrategy’s CEO, Michael Saylor, has […]

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