MicroStrategy CEO Sheds Margin Call Woes As Bitcoin Nears $21,000 Today

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  • Michael Saylor said his company had anticipated eventual bitcoin volatility and is prepared to “HODL through adversity.”
  • MicroStrategy took out a $205 million bitcoin-backed loan from Silvergate Bank in March 2022 and risks getting margin called if bitcoin falls below $21,000.
  • Saylor had previously tweeted that the company has 115,109 BTC as well as other assets available to post as collateral to avoid liquidation.

MicroStrategy, a software analytics company and the largest corporate holder of bitcoin, is dominating the news on Tuesday due to its risk of getting margin called in its $205 million bitcoin-backed loan.


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