MicroStrategy has just transferred 2089 Bitcoin ($48 million) to a new wallet for the first time ever, likely planning to dump their bags or to help us get back to all time high
They’re now moments away from facing the largest liquidation in history.
Could it be them just sending their lender more collateral?
I don't know how that's handled, but it's getting close to the level where they are supposed to post more collateral...
In other news...Michael Saylor posted this on twitter, “MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. MSTR has 115,109 BTC that it can pledge. If the price of BTC falls below $3,562 the company could post some other collateral”.
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