{"id":675,"date":"2022-06-15T15:45:29","date_gmt":"2022-06-15T15:45:29","guid":{"rendered":"https:\/\/cryptoteambuild.com\/blog\/michael-saylor-says-microstrategys-bitcoin-strategy-factors-in-volatility-and-its-balance-sheet-is-structured-to-keep-hodling-btc\/"},"modified":"2022-06-15T15:45:29","modified_gmt":"2022-06-15T15:45:29","slug":"michael-saylor-says-microstrategys-bitcoin-strategy-factors-in-volatility-and-its-balance-sheet-is-structured-to-keep-hodling-btc","status":"publish","type":"post","link":"https:\/\/cryptoteambuild.com\/blog\/michael-saylor-says-microstrategys-bitcoin-strategy-factors-in-volatility-and-its-balance-sheet-is-structured-to-keep-hodling-btc\/","title":{"rendered":"Michael Saylor says MicroStrategy\u2019s Bitcoin Strategy Factors in Volatility and its Balance Sheet is Structured to Keep Hodling BTC"},"content":{"rendered":"<div>\n<div>\n<p>Key takeaways: <\/p>\n<ul>\n<li>Michael Saylor has explained that MicroStrategy&rsquo;s Bitcoin strategy factors in crypto market volatility.<\/li>\n<li>He also added that MicroStrategy&rsquo;s balance sheet is structured so that the company can continue to hold BTC through adversity.<\/li>\n<li>Mr. Saylor&rsquo;s comments come in the wake of Bitcoin slipping below the magic $21k price level that has been highlighted as an area for MicroStrategy to receive a margin call on its $205 million loan.<\/li>\n<\/ul>\n<p>Michael Saylor has stated via Twitter that MicroStrategy&rsquo;s <a href=\"https:\/\/en.ethereumworldnews.com\/microstrategy-wont-backpedal-on-its-bitcoin-game-plan-cfo\/\" rel=\"noopener\" target=\"_blank\">Bitcoin strategy<\/a> was designed to factor in crypto volatility such as the one being experienced in the markets right now. Mr. Saylor also added that MicroStrategy&rsquo;s balance sheet is structured in such a way that it allows the company to keep holding Bitcoin through adversity.<\/p>\n<p>Mr. Saylor&rsquo;s tweet sharing insights into MicroStrategy&rsquo;s Bitcoin strategy can be found below.<\/p>\n<blockquote data-dnt=\"true\" data-width=\"550\">\n<p dir=\"ltr\" lang=\"en\">When <a href=\"https:\/\/twitter.com\/MicroStrategy?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">@MicroStrategy<\/a> adopted a <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#Bitcoin<\/a> Strategy, it anticipated volatility and structured its balance sheet so that it could continue to <a href=\"https:\/\/twitter.com\/hashtag\/HODL?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#HODL<\/a> through adversity. <a href=\"https:\/\/t.co\/rPSUVPHUVw\" rel=\"nofollow\">https:\/\/t.co\/rPSUVPHUVw<\/a><\/p>\n<p>&mdash; Michael Saylor&#9889;&#65039; (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1536695409648836609?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">June 14, 2022<\/a><\/p>\n<\/blockquote>\n<h2> Bitcoin Drops Below the Magic $21k Value Needed to Trigger a Margin Call on MicroStrategy&rsquo;s $205 million.<\/h2>\n<p>Mr. Saylor&rsquo;s input on MicroStrategy&rsquo;s Bitcoin strategy comes a few hours after BTC dropped below <a href=\"https:\/\/en.ethereumworldnews.com\/microstrategy-to-add-bitcoin-collateral-for-its-loan-if-btc-drops-below-21k\/\" rel=\"noopener\" target=\"_blank\">the magic $21k<\/a> price level that was mentioned by the company&rsquo;s CFO, as the value needed to trigger a margin call on the company&rsquo;s $205 million loan.<\/p>\n<p>However, the CFO had also <a href=\"https:\/\/en.ethereumworldnews.com\/microstrategy-margin-call-if-bitcoin-drops-to-21k-but-the-company-is-prepared\/\" rel=\"noopener\" target=\"_blank\">clarified<\/a> that the company was prepared to add more Bitcoin as collateral should the price of BTC drop below the magic number.<\/p>\n<p>To note is that Mr. Saylor&rsquo;s tweet above includes another Tweet whereby he explained that the company was ready to pledge 115,109 BTC as collateral to the $205 million loan. This amount of BTC would be sufficient to keep a margin call at bay till a Bitcoin value of $3,562, which would translate to the $410 million collateral needed to maintain the loan.<\/p>\n<p>Mr. Saylor had, however, stated that the company was willing to post <a href=\"https:\/\/en.ethereumworldnews.com\/michael-saylor-microstrategy-to-post-other-collateral-besides-115k-btc-if-bitcoin-drops-below-3562\/\" rel=\"noopener\" target=\"_blank\">some other type of collateral<\/a> should Bitcoin drop below the $3,562.<\/p>\n<h2> What the Bitcoin Chart Says About BTC&rsquo;s Future.<\/h2>\n<p>A quick look at the daily chart below reveals that Bitcoin has retested the crucial 200-week moving average (blue) that has held during the 2018 bear market and the Coronavirus crash of March 2020. Also, from the chart, it can be observed that Bitcoin&rsquo;s most recent sell-off has been considered extreme. The daily MFI and RSI further confirm this by dipping significantly into oversold territory.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/06\/BTCUSDT_2022-06-14_21-32-44.png\"><img decoding=\"async\" alt=\" Michael Saylor says MicroStrategy's Bitcoin Strategy Factors in Volatility and its Balance Sheet is Structured to Keep Hodling BTC 18\" height=\"603\" loading=\"lazy\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/06\/BTCUSDT_2022-06-14_21-32-44.png\" title=\" Michael Saylor says MicroStrategy's Bitcoin Strategy Factors in Volatility and its Balance Sheet is Structured to Keep Hodling BTC 20\" width=\"991\"><\/a><\/p>\n<p>However, Bitcoin might not be done losing value as the daily MACD hints of further selling. Consequently, Bitcoin could retest the 2017 high of <a href=\"https:\/\/en.ethereumworldnews.com\/hayes-bitcoin-20k-massive-pressure\/\" rel=\"noopener\" target=\"_blank\">$20k<\/a> or the 2019 peak value of around $14k in the following days or weeks.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/michael-saylor-microstrategys-bitcoin-strategy-factors-in-volatility-balance-sheet-structured-to-keep-hodling-btc\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways: Michael Saylor has explained that MicroStrategy&rsquo;s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy&rsquo;s balance sheet is structured so that the company can continue to hold BTC through adversity. Mr. Saylor&rsquo;s comments come in the wake of Bitcoin slipping below the magic $21k price level that has been highlighted as an area for MicroStrategy to receive a margin call on its $205 million loan. Michael Saylor has stated via Twitter that MicroStrategy&rsquo;s Bitcoin strategy was designed to factor in crypto volatility such as the one being experienced in the markets right now. Mr. Saylor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[171,172],"_links":{"self":[{"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/posts\/675"}],"collection":[{"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/comments?post=675"}],"version-history":[{"count":0,"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/posts\/675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/media\/676"}],"wp:attachment":[{"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/media?parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/categories?post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoteambuild.com\/blog\/wp-json\/wp\/v2\/tags?post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}