MicroStrategy has close to $6 billion worth of bitcoin bought for about $4 billion at a price of circa $30,000, some of it purchased through corporate bond debt notes and a collateralized loan.
That includes a $205 million bitcoin collateralized Silvergate Bank loan issued in March, with some incorrectly stating this would be margin called at $24,000 as MicroStrategy’s CFO Phong Le says it would never get into a margin call situation:
Gain access.
