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MicroStrategy denies it received a margin call against its bitcoin-backed loan, report says

by Editor June 15, 2022, 5:35 am 2k Views

MicroStrategy denies it received a margin call against its bitcoin-backed loan, report says

Software company MicroStrategy has not received a margin call against its loan from crypto-focused bank Silvergate, Reuters reported on Wednesday.

Valerie Plesch | Bloomberg | Getty Images

Aggressive bitcoin investor and American software firm MicroStrategy says it hasn’t received a margin call against a $205 million bitcoin-backed loan it took in March, according to a Reuters report on Wednesday.

A margin call is a situation where an investor…

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