Saylor Blasts Margin Call Fears, Calls BTC 'On Sale'

MicroStrategy CEO Michael Saylor has pushed back against fears surrounding his company's $205 million loan from Silvergate Bank, backed by Bitcoin. He claims MicroStrategy is '10x overcollateralized right now,' indicating it has plenty of assets to cover the debt.

Saylor also emphasized that no one who invested in BTC for four years has lost money, calling this a 'great buying opportunity' and an 'ideal entry point.'

He dismissed concerns about margin calls, stating they are 'much ado about nothing' and added that his company's balance sheet is strong.