99 days ago

Michael Saylor revealed that even if bitcoin drops to $3,562, MicroStrategy's available bitcoins (115,109 BTC) will be enough to secure their emergency loan ($410 million) If the price falls even below this mark, they will find a way to provide other collateral.
Source tweet: https://twitter.com/saylor/status/1523996525151539203?s=21&t=coL2s0mYEbr5c6f1h1lJLw

Michael Saylor⚡️TwitterMichael Saylor⚡️

MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. $MSTR has 115,109 BTC that it can pledge. If the price of #BTC falls below $3,562 the company could post some other collateral. See slides 11-12 in Q1 2022 presentation. #HODL microstrategy.com/en/investor-re

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