Michael Saylor Says MicroStrategy Margin Call Talk Is ‘Much Ado About Nothing’
MicroStrategy CEO and bitcoin evangelist Michael Saylor isn't shying away from his bullish stance. Original Source
Read MoreMicroStrategy CEO and bitcoin evangelist Michael Saylor isn't shying away from his bullish stance. Original Source
Read MoreShares of the business analytics maker fell 2.43% in premarket trading. Source
Read More"The short answer is 'no,'" said the billionaire investor when asked if he had sold any of his bitcoin. Expanding on that answer, Miller – sporting a baseball cap with a gold bitcoin symbol throughout the interview – did allow that he unloaded some "stuff" in order to satisfy margin
Read MoreSummary: 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
Read MoreAustralia is set to get its first bitcoin exchange-traded fund (ETF) after a report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. ASX Clear’s Margin Requirements An Australian clearinghouse controlling access to the country’s equity capital markets, ASX Clear, is expected to
Read MoreOperating income in Q4 was $15 million, and net income was $10 million, or $0.05 per share. Adjusted EBITDA of $44 million, or 74% of revenue was up from $32M, or 71% of revenue in Q3. The company mined 1,045 bitcoin (BTC) in Q4 at an average price of $8,000
Read MoreThe company says the change would allow customers to transparently assess and respond to derivatives risk in real time. Source
Read MoreOn Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs Gets $3 Million in Funding From Strategic Investors Mrgn
Read MoreBitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services.In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users since launching its exchange service in 2019.According to the announcement, the platform will launch margin trading for
Read MoreVolkswagen posted first half earnings of $13.5 billion and now expects operating return on sales to go as high as 7.5%.German automaker Volkswagen AG (XETRA: VOW) on Thursday, July 29, posted record first half sales of 11.4 billion euros ($13.5 billion) after experiencing a surge in demand for its products.
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