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MicroStrategy CEO Saylor Says No Margin Call on Bitcoin Loan

  • Chief says firm manages accordingly to meet loan requirements
  • ‘We have ample excess collateral to pledge if necessary’
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MicroStrategy Inc. Chief Executive Michael Saylor told investors not to worry about a potential margin call on a Bitcoin-backed loan, saying the company has ample collateral to pledge if necessary. 

“As long as the Silvergate loan remains collateralized with an LTV less than 50%, there is no margin call,” Saylor wrote in a email to Bloomberg, referring to loan-to-value metrics. “We manage accordingly.”