MicroStrategy CEO Michael Saylor has said the company has no intention of selling its cryptocurrency holdings.
It is worth noting that for the company to run out of digital assets to secure loans, the price of Bitcoin must fall below $3,562.
In particular, he has said:
"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."
The company has previously released its financial results for the first quarter. During this period, the company earned $119.3 million and had expenses of $298 million, the latter figure including $170.1 million stemming from a negative revaluation of its digital assets.
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MicroStrategy owns a total of 129,218 BTC, valued at about $4 billion at the moment. At the same time, 115,109 BTC are stored in the reserves of the company's division MacroStrategy.
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