Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
ZENOTTIC Polarized Sunglasses Buy Now
2-Piece Women's Sweatsuit Buy Now
Summer Tops Double Lace Sleeve Shirts for Women Buy Now
Men's Softshell Hooded Jacket Buy Now
Women's Striped Summer Vest Top Buy Now
BALEAF Fleece-Lined Winter Leggings Buy Now
Hair Bonnet for Sleeping Hair Buy Now
Legendary Flannel Buy Now
LISEN 69W Retractable USB C Car Charger Buy Now
Men's Wool Tweed Herringbone Trousers Buy Now
Gold Bracelets for Women, 14k Stackable Bangle Cuff Buy Now
AUTOMET Long Sleeve Tee Buy Now
Tablet Computer With 4GB RAM Buy Now
Wildpier Dermaplaning Tool Buy Now
Flowy Maxi Skirt with Pockets Buy Now
Y2K Crop Tops Buy Now
Turtleneck Long Sleeve Cable Knit Sweaters Buy Now
Mens Slim Chino Pant Buy Now
BOOMCOOL Men's Gym Outfit Set Buy Now
Google Pixel 8 Buy Now
MoreBack to News Headlines
Crypto Volatility Or Margin Call Not A Problem, Says MicroStrategy

Crypto Volatility Or Margin Call Not A Problem, Says MicroStrategy

NDTV
Wednesday, June 15, 2022 5:22 AM GMT

US software developer MicroStrategy Inc said it has not received a margin call against a bitcoin-backed loan and can withstand further volatility.

US software developer MicroStrategy Inc said it has not received a margin call against a bitcoin-backed loan and can withstand further volatility, soothing market jitters after the token's slide raised fears of asset liquidation. When @MicroStrategy adopted a #Bitcoin Strategy, it anticipated volatility and structured its balance sheet so that it could continue to #HODL through adversity. https://t.co/rPSUVPHUVw

MicroStrategy, an aggressive investor in the highly volatile cryptocurrency bitcoin, borrowed $205 million from crypto bank Silvergate Capital Corp in March, with the three-year loan mostly secured against some 19,466 bitcoins.

Should the price of bitcoins drop below about $21,000, that would trigger a "margin call" or demand for extra capital, MicroStrategy President Phong Le said in a webcast in May.

Bitcoin fell below that level to $20,816.36 on Tuesday before steadying near $22,000. The company said via email that it had not received a margin call.

Read full story on NDTV
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us