Michael Saylor, the CEO of Microstrategy, said that they can avoid a margin call if Bitcoin falls below $21,000 and that they have enough Bitcoin to put up as collateral to fund the loan all the way down to a BTC price of $3,562.
MicroStrategy, a software analytics company and the world's largest corporate bitcoin holder, has dominated the news on Tuesday as it faces margin calls on a $205 million bitcoin-backed loan.
Bitcoin momentarily dipped below the loan's margin call level of $2...
