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Bitcoin Bitcoin Share: 60.49%
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Bitcoinist
2022-06-14 14:51:21

MicroStrategy Bitcoin Bet Backfires, Holding Losses Near $1 Billion – Margin Call Time?

MicroStrategy Bitcoin Bet Backfires, Holding Losses Near $1 Billion – Margin Call Time?

Michael Saylor, founder and CEO of MicroStrategy, placed a large wager on Bitcoin that did not appear to pay off, since the company’s Bitcoin holdings have reached over $1 billion. As BTC sank to its lowest level in 18 months in the face of an increasing selloff in risk assets and after a crypto lender froze […]

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