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Benzinga
Benzinga
Business
Shiv Juneja

REVEALED: Ring ring here s where bitcoin s price must hold for michael saylor to avoid a margin call - The Real Truth

Michael Saylor Bitcoin MicroStrategy MicroStrategy Incorporated Nasdaq

MicroStrategy Incorporated (NASDAQ:MSTR) faces a possible Bitcoin margin call at $21,000 as a bearish market downtrend resumes.

What Happened: As the price of Bitcoin (CRYPTO: BTC) continues to fall, MicroStrategy has an unrealized loss of over $1 billion. Now trading at $22,189, Bitcoin has suffered a severe crash this week, causing major losses to investors globally.

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