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

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…
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Source: Ethereum World News
Posted: 26 minutes ago