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Michael Saylor down 2 Billion dollars, on his way to a margin call. He bought 4 billion dollars worth of Bitcoin on leverage for $30.6K per coin. There is so much leverage on Bitcoin that needs to be cleared out through margin calls.

<!-- SC_OFF --><div class="md"><p><a href="https://saylortracker.com/">https://saylortracker.com/</a></p> <p>Guy tells people to mortgage their houses to buy his ponzi style Bitcoin scheme, Bitcoin doesnt work and is being promoted as a ponzi scheme. DYOR. Buy utility not ponzi: <a href="https://www.youtube.com/watch?v=wIhTGB3wqV0">https://www.youtube.com/watch?v=wIhTGB3wqV0</a></p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/bobcatjamaica"> /u/bobcatjamaica </a> <br/> <span><a href="https://www.reddit.com/r/btc/comments/z1knsw/michael_saylor_down_2_billion_dollars_on_his_way/">[link]</a></span>   <span><a href="https://www.reddit.com/r/btc/comments/z1knsw/michael_saylor_down_2_billion_dollars_on_his_way/">[comments]</a></span>