MicroStrategy CEO Sheds Margin Call Woes As Bitcoin Nears $21,000
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Michael Saylor took to Twitter to assure investors that MicroStrategy’s balance sheet is well-positioned to avoid a margin call in its bitcoin-backed loan. Michael Saylor said his company had…
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The CEO of business analytics software firm MicroStrategy took to Twitter to reassure investors as an outsized bet on Bitcoin faltered. See related article: Has Bitcoin become a victim of its own... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Michael Saylor, one of the leading advocates of Bitcoin, has recently faced criticism from the Bitcoin community with his statements. Another criticism came from Ethereum co-founder Vitalik Buterin, who criticized Michael Saylor’s view on institutional Bitcoin custody. Vitalik Buterin criticized Saylor’s proposal that large financial institutions and “very difficult to…