Michael Saylor, the CEO of MicroStrategy, one of the largest institutional holders of Bitcoin, recently confirmed that the company has not received a ‘margin call’ against its Bitcoin-backed loan.
MicroStrategy holds more than 129,000 BTC. In a recent Tweet, Saylor says “When MicroStrategy adopted a Bitcoin Strategy, it anticipated volatility and structured its balance sheet so that it could continue to HODL through adversity.”
[Via]