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Bitcoin is at 24k now, down 20% in a few days... at 21K the Microstrategy margin call kicks in. That may cause 130000 bitcoin to be dumped onto the market. Thi

by sgt101 4y ago

Bitcoin is at 24k now, down 20% in a few days... at 21K the Microstrategy margin call kicks in. That may cause 130000 bitcoin to be dumped onto the market. This is what I call a significant bear case.

deleted 4y ago
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ephbit 4y ago
Do you happen to have any source for these numbers?
- coolspot 4y ago
  According to their CFO, they have more collateral to put in to avoid margin call. https://www.marketwatch.com/story/microstrategy-shares-slump-as-bitcoin-margin-call-looms-11655111047 https://www.marketwatch.com/story/microstrategy-shares-slump...