MicroStrategy to pledge ‘other collateral’ if necessary; will not sell Bitcoin, says Michael Saylor – Bitcoin News

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7 Comments

1. So if BTC falls below $3,562, they’ll have to come up with other collateral? I think they’ll be okay.

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2. Bitcoin would need to fall all the way to $3,562 before the company would run out of enough of the crypto to pledge for that loan, but even at that point, MicroStrategy could post some other collateral, said Saylor.

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3. Let’s double down on the gamble with the livelihood of 2121 employees.

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4. That means that they are selling Bitcoin

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5. His next investment is a bridge, to live under

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6. Those other assets they will have to sell will be at bargain basement prices.

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7. maybe he will sell his kidneys?

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