Page 1
Page 1
Started By
Message

Microstrategy Margin call Bitcoin question (if it was triggered)

Posted on 5/11/22 at 7:36 pm
Posted by thelawnwranglers
Member since Sep 2007
38786 posts
Posted on 5/11/22 at 7:36 pm
Let's say debt got called would they have to structure sell off or would it destroy price bc such a large sell off (assuming large)
This post was edited on 5/11/22 at 7:37 pm
Posted by zephry801
Member since Dec 2017
434 posts
Posted on 5/11/22 at 7:38 pm to
Yes
Posted by thelawnwranglers
Member since Sep 2007
38786 posts
Posted on 5/11/22 at 7:41 pm to
quote:

“[MicroStrategy] has 115,109 Bitcoin that it can pledge,” he tweeted, referring to his Q1 presentation and assuring fellow HODL (“hold on for dear life”) believers on Tuesday there were other ways of meeting obligations without a fire sale.


Guessing he has more assets to pledge

LINK

Yahoo finance articke
This post was edited on 5/11/22 at 7:42 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80779 posts
Posted on 5/11/22 at 8:12 pm to
It’s a non event. The margin call bullshite people choose to post and not look into is only covering $200 million in bitcoin or roughly 5% of MSTRs holdings. The other 95% can be used as collateral for the 5% so there will never be a margin call at $21k
This post was edited on 5/11/22 at 8:13 pm
Posted by thelawnwranglers
Member since Sep 2007
38786 posts
Posted on 5/11/22 at 8:18 pm to
quote:

$21k


Real risk has to me $1-2k
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 5/11/22 at 8:50 pm to
Is putting up more collateral not only a margin call, but one that further leverages their position?

Margin calls aren’t always met by forced liquidation. It also assume that their lender would accept more Bitcoin as collateral, which is probably not a given.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram