Replying to dfa94a58...

Unless, this time is different(the most famous last words in investing), what is an 80%+ drawdown going to do to all this debt pyramiding ? Pass the popcorn.
49
satoshi jr 1y ago

Almost nothing unless it goes down and stays down. Mstr debt is not collateralized

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dfa94a58... 1y ago

Margin calls. Theyre the killer

df
dfa94a58... 1y ago

Margin calls are a thing for Saylor, he admits it. Says hes not concerned

https://decrypt.co/102897/microstrategy-saylor-margin-call-bitcoin-21000

49
satoshi jr 11mo ago

The margin call was for the silver gate loan and only if he can’t post any other collateral. It’s Closed already

https://www.microstrategy.com/press/silvergate-bank-issues-205-m-loan-to-macrostrategy-collateralized-by-bitcoin_03-29-2022

The new convertible bonds don’t have a margin call cause it’s not collateralized by bitcoin