Bitcoin margin call 21000

bitcoin margin call 21000

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US Markets Loading Close icon. Access your favorite topics in. It indicates a way to. Share icon An curved arrow close an interaction, or dismiss. Check out: Personal Finance Insider's picks for best cryptocurrency exchanges. That signals investors may be as it has taken out billions of dollars in debt to buy more thanbitcoin over the past two volatile asset. Email Twitter icon A stylized.

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MicroStrategy's chief financial officer previously highlighted in May that if bitcoin was to drop below $21,, it could trigger a margin call. If Bitcoin drops below $21,, Saylor and company will be hit with a margin call, forcing them to pony up more of the leading cryptocurrency to. If the bitcoin price dropped below about $21, that would trigger a "margin call" or a demand for extra capital, MicroStrategy President Phong.
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Additionally, MicroStrategy's stock price has closely mirrored the price of bitcoin to the point where some consider it a quasi-bitcoin ETF, as there is no true bitcoin ETF yet approved in the US. That's bad news for MicroStrategy, as it has taken out billions of dollars in debt to buy more than , bitcoin over the past two years. Newsletters Full Stack.