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CRYPTO Crash - Will Microstrategies make it through the night?

ABaumli

Hall of Famer
Gold Member
Dec 3, 2005
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MSTR (MicroStrategy) became a Bitcoin company which just bought BTC, leveraged that, then bought more BTC. Michael Saylor said they get margin called at $25K for BTC. I'm not sure why he said that, but he did, so now everyone knows.

Coinbase came out with SEC filing yesterday that said if they go bankrupt, your account will be frozen and you could be come a creditor.

Luna was a stable coin that is not so stable now, it dropped over 60% at one point in past 2 days.

Tether which is the big dick stable coin with over $84 Billion in assets is pegged to dollar, but it broke from that, then jumped back up to $1.0. It dropped to $0.89 at one point.

I have very little crypto, I sold most of it in late 2020 and remainder in early 2021. So the price is still above where I sold. If Tether breaks and MSTR gets margin called, I think I will be able to buy it cheaper.

Nanna Janet Yellen crushing all others with the USD.
 
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