3min chapter

The Compound and Friends cover image

It Can't Really Get Worse

The Compound and Friends

CHAPTER

Bitcoin - Is the Cut in Half?

In two months since bit micho strateg's latest bit coin purchase, it lost more than half its value. According to the terms of microstrategy's loan agreement with silver gate, a margin coll would be triggered if bitcoin falls below 21 thousand per coin. They have spent more than four billion on bitcoin, which is more than twice as much as the company's one point seven billion ala market cap.

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