MicroStrategy Defended at BTIG; Saylor Not Expecting Imminent Margin Call
Shares of the business analytics maker fell 2.43% in premarket trading. Source
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MicroStrategy
‘Nothing issue’ — MicroStrategy CEO plans to hodl Bitcoin ‘through adversity’
Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms.In a tweet on June 14, Michael Saylor sought to allay fears that his firm's BTC exposure may be about to cost it dearly.Saylor stays calm as MSTR dips furtherWith
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MicroStrategy Could be Forced to Add More Bitcoin Collateral for its Loan if BTC Drops Below $21k
Summary: Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205 million loan if Bitcoin drops below $21k. However, MicroStrategy’s CFO had in early May clarified that the company was ready to post more Bitcoin collateral for the loan. Michael Saylor had also pointed
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Michael Saylor’s MicroStrategy Leads Plunge in Crypto-Related Stocks
Stocks like MicroStrategy (MSTR), Coinbase (COIN) and the cryptocurrency miners are all reeling in premarket action on Monday, with macro headwinds continuing to rattle global equity markets, and the Celsius network suspending withdrawals adding to the pain in crypto. Source
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MicroStrategy Now Down $1B on its Bitcoin Bet
MicroStrategy's unrealized bitcoin losses now stand at $1 billion following the asset's fall to $23,000 on Monday. Source
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MicroStrategy Won’t Backpedal on its Bitcoin Game Plan – CFO
Quick take: MicroStrategy’s new Chief Financial Officer, Andrew Kang, has reiterated that the company will stick to its Bitcoin plan by not selling any BTC. Mr. Kang also adds that MicroStrategy investors are also aligned with the company’s Bitcoin strategy. MicroStrategy’s new CFO also forecasts possible regulation due to the recent volatility of
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MicroStrategy Will Not Dump Any Of Its Bitcoin, CFO Reveals
MicroStrategy has become a major player in the crypto realm since it began purchasing Bitcoin. Its holdings have seen it solidify its place as the public company with the largest bitcoin holdings in the world. A notable fact is that the company had bought a good chunk of its BTC
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Coinbase, MicroStrategy and Other Crypto Stocks Finally See Some Relief After Recent Losses
“The extent of the damage caused from the depegging of recent stablecoins, and collapse of LUNA is unknown and will likely continue to play out in the weeks to come, but we expect that recent events in the crypto market to be catalysts for regulation, particularly around stablecoins, which we
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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
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Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
Founder and CEO of business-intelligence software company MicroStrategy (MSTR) Michael Saylor has suggested there is no need for the firm to sell the large quantity of bitcoin it has accumulated. Source
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