MicroStrategy says it has not received a margin call against loan ...Middle East

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MicroStrategy says it has not received a margin call against loan
source : Devdiscourse ( Middle East ) () 58
Software firm MicroStrategy said it has not received a margin call against its bitcoin-backed borrowing on Wednesday, and it has plenty of extra collateral to pledge if necessary. MicroStrategy borrowed $205 million from crypto bank Silvergate Capital in March, mostly secured against bitcoin. On Tuesday bitcoin's price briefly dropped below a level company officers had said could trigger extra capital requirements.

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