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Michael Saylor will not get liquidated. Boring news.

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Micro Strategy is worth 10 billion dollars, 3 billion in BTC. They have a 250M term loan with 50% loan to value collateral so it needs 410M to maintain with a margin call at 21k. BTC just wicked below. They have and will keep adding collateral. They have no plans on selling.

3 things to understand:

  • Market makers have no interest in liquidating him, his liquidation would not provide cheap BTC to the market or take a player out. His liquidation means the bank gets to keep it.

  • MSTR has 115,109 BTC it can pledge according to Saylor. Which brings the margin call at $3,562. If it goes below they could post other collateral.

  • If BTC drops to 5K its a ponzi gtfo

submitted by /u/nolowly
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