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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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49615430 No.49615430 [Reply] [Original]

There is no second best

>> No.49615442

>>49615430
What a time to be alive

>> No.49615464

>>49615430
NOT
GONNA
HAPPEN
check em and sneed bobo

>> No.49615498

>>49615464
Check the teleport to $ 14k then

>> No.49615499

>>49615430
So is it actually true that he has collateral till ~3k or not? Getting conflicting info.

>> No.49615544

>>49615430
ITS HAPPENING

>> No.49615633

I WAS HERE FOR THE SCREENCAP

>> No.49615646
File: 323 KB, 500x500, F9DBB08D-8AA9-4E7B-B5FC-1DF02583EF4A.png [View same] [iqdb] [saucenao] [google]
49615646

>>49615430
It’s actually happening

>> No.49615672

>>49615430
DIGITAL ENERGY

>> No.49615676
File: 451 KB, 986x1164, 1627469004005.png [View same] [iqdb] [saucenao] [google]
49615676

$200

>> No.49615693

LETS GOOOOOOOO

>> No.49615699

>>49615430
<$200 now

>> No.49615701

Hope he tanks BTC so I can buyeded in.

>> No.49615714

What if they just wanted to liquidate him?

>> No.49615757
File: 540 KB, 579x694, 1654570415550.png [View same] [iqdb] [saucenao] [google]
49615757

>>49615430
Enlighten me /biz/ what will happen if this dude gets margin called?

>> No.49615789
File: 55 KB, 865x526, 83D60B7F-1658-43AE-8B33-38A048CB7166.jpg [View same] [iqdb] [saucenao] [google]
49615789

>>49615430
He’s not going to sell. Would you sell a block of Manhattan if you owned it?
SAME THING FOR BTC

BTC= DIGITAL PROPERTY
simple as
/thread

>> No.49615792

>>49615430
Hang on.. This shit has been crashing since this guy has started boasting.. Are.. Are the whales doing this solely to fuck him up bros?

>> No.49615800

>>49615757
Sex

>> No.49615804

>>49615499
afaik he must post new collateral at about 21k, but the thing is every time we drop someone else also gets margin called or goes bankrupt like Luna or celsius, so it can cascade quite a lot very quickly. if satoshi also starts selling (or already is) then it's game over

>> No.49615813

>>49615430
Craig is unironically going to flip BTC

>> No.49615826

>>49615757
>Enlighten me /biz/ what will happen if this dude gets margin called?
btc goes to $10k

>> No.49615846

>>49615430
$350

>> No.49615847

>>49615430
You really just don't understand the wisdom of what Saylor and PlanB have told us, do you? Whatever you read on your computer screen, the true price is well into six digits.

>> No.49615862

>>49615826
wtf, i love michael saylor now. gonna get such a nice dip I'll have enough weed to last 300 years.

>> No.49615863

>>49615714
They (IMF) also want to fuck over El Salvador.

>> No.49615930

Lmao at that clear manipulation at $21,200 a couple minutes ago

>> No.49615994

>>49615757
he has to sell all his btc and give it to his creditor, who will sell it and get their cash
people think itll make btc price tank but really saylor just holds 2,5b worth of bitcoin and the mcap of the currency is 411b
it will be a blip but price will immediately stabilize afterwards. the reason its going down has nothing to do with saylor and he couldnt push prices down further, people would buy. BTC is going down because institutions are liquidating their holdings in order to keep their businesses afloat, it is why its moving down alongside the nasdaq

>> No.49615999

>>49615826
Even lower.

>> No.49616012
File: 167 KB, 750x1000, 97ab1c12de[1].jpg [View same] [iqdb] [saucenao] [google]
49616012

$21,111.10

>> No.49616049

>>49615430
This dude must be shitting himself, so close to 20k

>> No.49616084

>>49615430
Almost there. Kek.

>> No.49616086

OMFG IT HAPPENED

>> No.49616090

SEND BITCOIN YOUR NEGATIVE ENERGY
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.49616103
File: 116 KB, 800x800, KEK.jpg [View same] [iqdb] [saucenao] [google]
49616103

LESS THAN $100 TO GO

>> No.49616109

>>49615994
2.1 billion can make mcap go down a ton, it doesn’t take an equal amount of money to make it go down a certain amount, it all has to do with liquidity. 2.1 billion will wipe the order books

>> No.49616152
File: 375 KB, 879x879, TS.png [View same] [iqdb] [saucenao] [google]
49616152

Send him your best wishes for when he's shooting smack under a bridge during a cold winter night.

https://www.youtube.com/watch?v=IdneKLhsWOQ

>> No.49616159

$21,090

>> No.49616171
File: 19 KB, 420x420, EB6CF088-5DE8-4E07-B265-C0D640CEBEA1.jpg [View same] [iqdb] [saucenao] [google]
49616171

$21,066.13

>> No.49616173
File: 507 KB, 1420x2131, affleck.jpg [View same] [iqdb] [saucenao] [google]
49616173

>Tethered up all my stack.
>I predicted this.
>Fancied myself a genius.
>Everything according to keikaku
>Left the coins on celsius earning yield
>Not only can't buy anything. Probably lost it all.

2 digit IQ confirmed.

>> No.49616183
File: 12 KB, 601x215, sayJUST.jpg [View same] [iqdb] [saucenao] [google]
49616183

famous last words

>> No.49616214

just a little more, I'm so close hnnnnnngh!

>> No.49616222
File: 504 KB, 220x220, 1631379438432.gif [View same] [iqdb] [saucenao] [google]
49616222

TIME TO GET THAT JOB AT MCDONALD'S /BIZ/BROS

>> No.49616223
File: 34 KB, 567x504, FVE-0uIXwAA6a-0.jpg [View same] [iqdb] [saucenao] [google]
49616223

>>49615430

>> No.49616236

>>49616183
What a faggot.

>> No.49616245

>inb4 scam wick to 24k as shorts close out.

>> No.49616248

SEND IT

>> No.49616247
File: 8 KB, 222x227, 1654566381334.jpg [View same] [iqdb] [saucenao] [google]
49616247

>>49615430
When is he roping bros

>> No.49616259

>>49616173
If Celsius doesn’t rekt you then tether will

>> No.49616268

$50

>> No.49616272
File: 86 KB, 1200x675, Mike.jpg [View same] [iqdb] [saucenao] [google]
49616272

Is he still at MicroStrategy? Could he be ousted as CEO for being so wrong

>> No.49616275
File: 62 KB, 902x341, noliqu.jpg [View same] [iqdb] [saucenao] [google]
49616275

>>49615499
>>49615804
he has the fucking liquidity, he wont get liquidated like the retards think he will

>> No.49616282

I will buy at $900. But I think it will still drop to $450 before ascending to 90K

>> No.49616291
File: 375 KB, 717x663, 1655127828445.jpg [View same] [iqdb] [saucenao] [google]
49616291

>>49616222

>> No.49616302
File: 23 KB, 500x196, 2022-05-11_08-54-12.jpg [View same] [iqdb] [saucenao] [google]
49616302

It's happening

>> No.49616303

>bitcoin down 20%
ETH down 10% eow

>> No.49616306

can't he just put in more collateral?
t. retard

>> No.49616315

12 bucks off

>> No.49616319
File: 664 KB, 1523x1381, A48CCF3C-E92D-410C-8E8B-28F707DF94DA.jpg [View same] [iqdb] [saucenao] [google]
49616319

>>49616012

>> No.49616321

>$4

>> No.49616323

GUH

>> No.49616325

20k
20k
20k
20k
LFGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG

>> No.49616338

>>49616306
He doesn't have any more collateral KEK

>> No.49616340
File: 96 KB, 802x840, 8293849123498.jpg [View same] [iqdb] [saucenao] [google]
49616340

WE DID IT.

>> No.49616344

he should just withdraw all his btc to a paper wallet and go bin laden mode for the next 20 years

>> No.49616355

>>49615430
>$21,029
it was nice knowing you guys

>> No.49616372
File: 88 KB, 976x850, 1633981779106.jpg [View same] [iqdb] [saucenao] [google]
49616372

21000

>> No.49616374

TOUCHDOWN

>> No.49616377

>>49616319
a margin call is nothing for microstrategy

>> No.49616380

AHAHAHAHAHA
IT CRACKED

>> No.49616388

they buying!!

>> No.49616392

LMAO

>> No.49616394
File: 103 KB, 1170x367, DAACA64B-A751-447A-8CA2-B57C43B27F8D.jpg [View same] [iqdb] [saucenao] [google]
49616394

Good night sweet prince

>> No.49616397

>>49616306
Yes, but he risks losing more if it continues to shit.

>> No.49616399

It just went under 21k on some exchanges
it's over

>> No.49616406

>>49616344
he did that in the dotcom bubble with tech stocks kek, cant pull that shit twice

>> No.49616417

Guys he's not getting margin called. Nothing ever happens

>> No.49616418
File: 409 KB, 1262x1130, 1615637502241.png [View same] [iqdb] [saucenao] [google]
49616418

MOSHI MOSHI

>> No.49616428

>that wall at 21,000.005

>> No.49616442
File: 16 KB, 351x329, 1652909278701.jpg [View same] [iqdb] [saucenao] [google]
49616442

UH OH

>> No.49616444

>>49615430
I legit feel bad for him now even despite how much I hate crypto e-celebs.

>> No.49616445

>yfw everyone has been banking on this margin call, yet its not going to happen and BTC is going to rebound starting now.

>> No.49616447
File: 84 KB, 750x709, 4B8B6DEB-2228-473A-AB34-0E532F0281A6.jpg [View same] [iqdb] [saucenao] [google]
49616447

>>49616394

>> No.49616458
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49616458

I'M TUCKED IN

>> No.49616459

SCREENCAP ME IN THE PUT

>> No.49616461

OWARI DA

https://www.youtube.com/watch?v=gwxfz3lEabY

>> No.49616466
File: 20 KB, 905x193, Capture.jpg [View same] [iqdb] [saucenao] [google]
49616466

shiiiiiiiiet

>> No.49616478
File: 5 KB, 541x102, bitcoin never going under 30k again.png [View same] [iqdb] [saucenao] [google]
49616478

>> No.49616477
File: 141 KB, 680x680, FVJP6K2WQAA-bYZ.jpg [View same] [iqdb] [saucenao] [google]
49616477

he changed his profile picture. Is he coping?

>> No.49616485

>>49616394
Holy Jeezus.
F. Mr Strategy

>> No.49616488

>>49616445
>had to sell his face to afford rent

>> No.49616507

his liquidation is 3500, nowhere near where it is now. you short sellers are trying to scare newbies into selling the bottom, go kill yourself

>> No.49616518
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49616518

Where are the 200MA fags now? Fucking retards

>> No.49616527

>>49616319
its over

>> No.49616545
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49616545

ITT: bunch of fucking retards who think this margin call is a major happening
ITT: bunch of fucking retards who think this margin call is a major happening
ITT: bunch of fucking retards who think this margin call is a major happening
ITT: bunch of fucking retards who think this margin call is a major happening
ITT: bunch of fucking retards who think this margin call is a major happening

>> No.49616548
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49616548

It's here

>> No.49616555

O’er the midnight moorlands crying,
Thro’ the cypress forests sighing,
In the night-wind madly flying,
Hellish forms with streaming hair;
In the barren branches creaking,
By the stagnant swamp-pools speaking,
Past the shore-cliffs ever shrieking;
Damn’d daemons of despair.

Once, I think I half remember,
Ere the grey skies of November
Quench’d my youth’s aspiring ember,
Liv’d there such a thing as bliss;
Skies that now are dark were beaming,
Gold and azure, splendid seeming
Till I learn’d it all was dreaming—
Deadly drowsiness of Dis.

But the stream of Time, swift flowing,
Brings the torment of half-knowing—
Dimly rushing, blindly going
Past the never-trodden lea;
And the voyager, repining,
Sees the wicked death-fires shining,
Hears the wicked petrel’s whining
As he helpless drifts to sea.

Evil wings in ether beating;
Vultures at the spirit eating;
Things unseen forever fleeting
Black against the leering sky.
Ghastly shades of bygone gladness,
Clawing fiends of future sadness,
Mingle in a cloud of madness
Ever on the soul to lie.

Thus the living, lone and sobbing,
In the throes of anguish throbbing,
With the loathsome Furies robbing
Night and noon of peace and rest.
But beyond the groans and grating
Of abhorrent Life, is waiting
Sweet Oblivion, culminating
All the years of fruitless quest.

>> No.49616572
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49616572

>>49616478
That was me anon

>> No.49616577

>>49616478
Hahahhahahaahhahgagahagagagagagagagaagagagvaavvavagaayaejvkdvkqboqtboqbkrqbqk fqk akd

>> No.49616580

so, where is the happening? two more weeks?

>> No.49616586

Saylor is a good actor

>> No.49616639

>>49616545
>major e-celeb gets nuked who promoted faith in btc
Of course it's a major happening, what the fuck is wrong with you.

>> No.49616656
File: 163 KB, 576x1280, Screenshot_20220614-054521.png [View same] [iqdb] [saucenao] [google]
49616656

Damn buy walls are not gonna let me have fun

>> No.49616668

>>49616580
his liquidation price just went down now its at 18000 LETS GOOOOOO

>> No.49616669
File: 5 KB, 320x180, mqdefault.jpg [View same] [iqdb] [saucenao] [google]
49616669

ringringringring

>> No.49616674

GUYS XRP JUST BROKE BELOW 30 CENTS ITS LITERALLY OVER! THE LIZARD PEOPLE HAVE LOST

>> No.49616706

>>49615701
See? This makes me think that were not at the bottom just yet.

>> No.49616716

>>49616580
It already broke $21k

>> No.49616720

>>49616477
This shit is so cringe. is he a boomer or 12?

>> No.49616740
File: 1.62 MB, 1138x670, XRPickingupthepieces.png [View same] [iqdb] [saucenao] [google]
49616740

>>49616674
this was foretold

>> No.49616762

>>49616668
how does that work?
would love a source

>> No.49616783
File: 105 KB, 1759x1255, 153D7C5D-E184-4909-8457-39C8A8F7C933.jpg [View same] [iqdb] [saucenao] [google]
49616783

>>49615430

>> No.49616788
File: 70 KB, 1024x903, 1655151004521.jpg [View same] [iqdb] [saucenao] [google]
49616788

IN BITCOIN WE TRUST

>> No.49616797

>>49616639
he's not being nuked you absolute moron, it's just a margin call and he has ample capital to defend his position until the liquidation at 3500

>> No.49616803

nobody is mentioning that the stock price of micro strategy dropped $50 today

>> No.49616821

>>49616762
he adds more collateral you midwit

>> No.49616850

>>49615994
I don't think you understand how this works at all hahahahaha.

Imagine not understanding liquidity
AHAHAHHAHAHAHAHAHAHHAHAH

FUCK ME.... BTC IS REALLY GOING TO 2K.... too many brainlets still in the game

>> No.49616866

>>49616797
and even at 3500 he has the capital to defend against liquidation

>> No.49616916

>>49616797
>he has ample capital
ORLY?
cunt needs a winch to visit Capn Nemo.
this boyos so fucked.

>> No.49616937

>>49616850
>BTC IS REALLY GOING TO 2K.
morons like you are getting euphoric, bottom is very near

>> No.49616943
File: 201 KB, 360x1600, Stealing memes.jpg [View same] [iqdb] [saucenao] [google]
49616943

>>49616783
Nice meme would be a shame to have to borrow it.

>> No.49617031

>>49616821
sorry im retarded

>> No.49617042

>>49616555
checked, based poetry

>> No.49617047
File: 840 KB, 594x484, Mcdonaldsishiring.webm [View same] [iqdb] [saucenao] [google]
49617047

>> No.49617055

>>49616866
HES FUCKING BILLION$ IN THE SHITTER ALREADY.
>JUST ADD MORE CAPITAL IF HES BEING MARGINATED @ 3.5K LMAO
MORE CAPITAL FROM FUCKING WHEREFORE?

>> No.49617141

>>49616866
>and even at 3500 he has the capital to defend against liquidation

not much point defending against liquidation then

>> No.49617154

I'm thinking that buy wall at 21,000 is about to get knocked down

>> No.49617190

>>49617055
This. Does his fund have other investments? They can’t be doing well either.

>> No.49617201

>>49616639
Except its not even happening you dumb cunt.
Theyll just put down as much collateral as they have to.

>> No.49617208

realistically, does anything happen when it dips under $20k

>> No.49617211

Saylor has definitely been selling off his early purchase of BTC by using his company to purchase it all with investors money lol.

>> No.49617261
File: 126 KB, 320x320, 9843873-dVaR_big.png [View same] [iqdb] [saucenao] [google]
49617261

We did it, Reddit.

>> No.49617267

>>49615430
FUCKING ZERO

>> No.49617285

Next stop 20k

>> No.49617289

>>49617208
no

>> No.49617293

>>49617047
What was that autism I just watched

>> No.49617352
File: 770 KB, 1125x1499, A9D4AF54-B998-49FB-A27F-49FBEF598FAC.jpg [View same] [iqdb] [saucenao] [google]
49617352

>>49616943
Yeah I don’t pay for memes I steal them

>> No.49617370

>>49617190
>>49617055
-> >>49616275

>> No.49617381

>>49617293
just going through his cope

>> No.49617433

>>49617352
cryptowhale has been wrong on almost everything, wonder retards follow him

>> No.49617448
File: 2.48 MB, 960x540, Beej.webm [View same] [iqdb] [saucenao] [google]
49617448

>>49617352
YOU'LL NEVER HAVE MY MEMES! COME AND I WILL GIVE YOU AN HONORABLE DEATH!

>> No.49617461

And it was a nothingberger

>> No.49617509
File: 340 KB, 839x1091, Screenshot_20220614-114516_Samsung Notes.jpg [View same] [iqdb] [saucenao] [google]
49617509

18k within the next 6 hours.

>> No.49617541

He said it was 3k wtf are u getting this from?

>> No.49617561

>>49616275
So what, does he just have infinite money? I don't understand how he could lose money on such a massively leveraged investment and not feel the effects eventually

>> No.49617578

>>49617541
He's coping where is going to get all that collateral from

>> No.49617862

>>49617561
microstrategy’s actual business is software sales
>Secured Term Loan: In March 2022, MacroStrategy LLC (“MacroStrategy”), a wholly-owned subsidiary of MicroStrategy, entered into a Credit and Security Agreement with Silvergate Bank, pursuant to which Silvergate Bank issued a $205.0 million term loan to MacroStrategy (the “2025 Secured Term Loan”). The 2025 Secured Term Loan is not guaranteed by any party. The 2025 Secured Term Loan is a senior secured obligation of MacroStrategy and bears interest at a floating rate equal to the Secured Overnight Financing Rate 30 Day Average as published by the Federal Reserve Bank of New York’s website plus 3.70%, with a floor of 3.75%, and is payable monthly in arrears beginning May 2022. The 2025 Secured Term Loan will mature on March 23, 2025, unless earlier prepaid or repaid in accordance with its terms. The total net proceeds from the 2025 Secured Term Loan, after deducting lender fees and third-party costs, were approximately $204.6 million. The 2025 Secured Term Loan is collateralized by bitcoin held with a third-party custodian and by a $5.0 million cash reserve account with Silvergate Bank. MacroStrategy is required to maintain a Loan to collateral value ratio (“LTV Ratio”) of 50% or less (not including the cash reserve). As of March 31, 2022, approximately 19,466 of the bitcoins held by MacroStrategy serve as part of the collateral for the 2025 Secured Term Loan. As of March 31, 2022 the net carrying value of the 2025 Secured Term Loan was $204.6 million, net of unamortized issuance costs, and was classified as a long-term liability in the “Long-term debt, net” line item in MicroStrategy’s Consolidated Balance Sheets.
so basically he has to maintain his total bitcoin holding wrapped up in the loan at 95 million minus whatever he’s already paid thusfar

>> No.49617992
File: 12 KB, 531x435, mstr 1999-2002.png [View same] [iqdb] [saucenao] [google]
49617992

>>49617561
michael saylor is the world's foremost expert in losing money

>> No.49618011

>>49616477
He’s a retard. Probably will still make money even if his firm goes tits up. But his investors will be GUHing

>> No.49618049

>>49615442
it really is interesting to witness

>> No.49618050

while you retards are talking about liquidating a position which has no margin call, here is the actual target you should be looking at
https://oasis.app/25977#Overview
its celsius

>> No.49618055

two more weeks until Saylor is liquidated
trust the plan
-S B F

>> No.49618147

>>49617862
But he holds $2.71 billion worth of BTC...which is less than what he bought if for. That loan of $200 million can't account for all of this....where did he get the extra billions from? I thought his loan was much larger.

>> No.49618188

it looks like he isn't gettin liquidated and isn't selling off, in fact he is buying more
which means institutional investors like him aren't jumping ship and its retail retards selling
do with this information what you will

>> No.49618266

>>49618188
>institutional investors like him
Saylor is not an "institutional investor" lmfao

>> No.49618275
File: 57 KB, 600x750, CCC1A35F-9C91-4C8C-AB6A-60AE2A00F0B5.jpg [View same] [iqdb] [saucenao] [google]
49618275

Ahem
Fuck Bitcoin and digital money
That is all

>> No.49618291

Can this thing crash to a couple bucks already I wanna be a gigawhale of funnymoney, will be worth less than literal monopoly money but hey I can tell people how rich I coulda been

>> No.49618380

>>49618275
>>49618291
cope and stay poor

>> No.49618389
File: 7 KB, 600x497, 1492830161746.png [View same] [iqdb] [saucenao] [google]
49618389

>>49618188
Yeah sure it's all the retail investors waking up in the middle of the night to dump exactly at the same time...
How much of a retarded nigger can you possibly be?

>> No.49618405

>>49618266
how is he not?
institutional investors are just whales fyi(some big bank ceo's words not mine)

>> No.49618412

>>49618188
I don't believe any of these institutional nu-wave faggots in crypto who got in after 2017 have any handle on how it works. I'd almost trust the opinion of random shitposters on /biz/ over them.

>> No.49618459
File: 13 KB, 582x128, F.png [View same] [iqdb] [saucenao] [google]
49618459

it's over...

>> No.49618489

>>49618459
>unrealized
so it's literally nothing then.
btc bounces back, it always does. it'll reach a higher peak in a few years.

>> No.49618495

>>49618405
I would consider "institutional investors" to be trusted managed funds, investment banks, etc, not just whales. Saylor is just one crazy autist with access to a lot of leverage.

>> No.49618499

Who is the op? I never really followed these things until now

>> No.49618542

>>49618499

Sam Hyde

>> No.49618573

>>49618489
>btc bounces back, it always does. it'll reach a higher peak in a few years.
>it'll never go below 40k
>it'll never go below 20k
stop coping and recoup and sell. At least then you'll have something

>> No.49618660
File: 4 KB, 217x174, hourly.png [View same] [iqdb] [saucenao] [google]
49618660

>>49618389
> to dump exactly at the same time...
1h hour chart
you're full of shit and you know it
>>49618495
jp morgan is looking at btc in 50k range eoy, 65k 2023 and 100k 2024 is this good enough for you?

>> No.49618668

>>49618499
How do you not know Sam Hyde.. only trader alive to keep getting away with trillions of dollars in 70s, dot com boom and the 2007 peak. No one has yet understood how he does it.

>> No.49618707

SAYLOR DOWN BAD

>> No.49618755
File: 1.81 MB, 1600x1067, 1655167824346.png [View same] [iqdb] [saucenao] [google]
49618755

What's up with all the saylorfags coping and in full damage control?
It's over you stupid faggots, saylormoon got liqui'd, your hero lost billions.

>> No.49618780

>>49616821
Proof?

>> No.49618784

>>49618660
Anyone who expect to predict btc is an absolute tard. Jp Morgan or anyone else, physical or moral entities alike.

>> No.49618836

That's the way she goes frens

was fun while it lasted. I am holding to zero because I'm batshit retarded and missed out on 6 figures but it's truly over. see you in the pits, buying up mad stacks only to lose another 99% LFG

>> No.49618880

Is there an actual time (EDT) when the margins come due or expire or what they do?

>> No.49619037

>>49618380
not as poor as u, yikes I'm making more of these 3-4% property loans LMAO.

Nice losses, I'm happy with my 500k+ stack sold at 44k seeya!

>> No.49619092
File: 304 KB, 750x1334, E7956300-8B78-48FC-8860-D4E8771966DB.png [View same] [iqdb] [saucenao] [google]
49619092

>>49618147
the loan is what he used to buy the btc with leverage, which is why everyone is concerned about him getting margin called. so he used 10x leverage on the buy ins overall, although he bought at multiple price points
their balance sheet is misleading if you don’t understand accounting, they’re not going to realize any losses until they get liquidated or sell
income statement shows they had an unrealized loss of $194,000,000 in 2022 and $170,000,000 just from the price of btc dropping. so thats nearly 400 million gone and this quarter isn’t even over yet, will be much more after June financials
if he gets margin called he’ll have to add in cash from his software sales but they only make 93 million a year from that
before expenses, so it’s kind of ridiculous to say that he just has the cash to bail himself out

>> No.49619122

>>49618380
Post wallet, and bank balance.

>> No.49619124

>>49615430
i dont get it, why would mstr get margin called at 21K

>> No.49619217
File: 397 KB, 750x1334, C71027BA-0AFC-41F9-8F41-C2DEC0933179.png [View same] [iqdb] [saucenao] [google]
49619217

>>49619092
he also has 2.3 billion worth of long term debt (the loan and whatever else he uses to finance his business) so if he ends up bleeding cash and is unable to pay the loan the bank is going to take the btc since he has half of it as collateral
I think he’s fucked but any zoom zooms lurking can feel free to prove me wrong

>> No.49619240

>>49619122
>>49619037
>2 other random niggers larp at me
give me your email, biometrics and a photo with sharpie up pooper first

>> No.49619305

>>49618880
no not at all.

everyone has the completely wrong take on the saylor thing.

Only like 30k of his 130k btc are on loan. he can use the other 100k to post more collateral, thus avoiding any forced liquidation. Or he can cover by selling microstrategy stock, he still has at least $1.5B in stock.

THE REAL PROBLEM IS HIS INTEREST. The interest on a 700M dollar loan used for gambling has gotta be high, like potentially 12% per year. he might need to just slowly sell 5k btc a year to pay the interest, which would ensure the bleeding never stops

>> No.49619306

>>49619092
Ok thank you for the explanation. So he 10x leveraged on his $200 million loan (plus some additional cash)? Is that correct?

>> No.49619394

>>49616444
Trips so can we all agree to hate that faggot over at RT? Whatever his name is I forget.

>> No.49619421

>>49618880
>>49619305
wait dont listen to me, this guy
>>49619092
>>49619217
understands it way better than i do

>> No.49619445

Feels good only having like 16 cents worth of crypto because I'm not a retarded hodler and I actually spent it. Speculators get rekt.

>> No.49619511

>>49619305
Oh, OK, thanks. I imagine his interest rate is tied to the Fed and if the Fed goes the full 75 basis points, that will kill a lot of collateral. Anyway, fun to watch from outside.

>> No.49619559

>>49619394
Lol, Max Keiser?

>> No.49619630

>>49619559
YES. FUCK that fucking FAGGOT ASS KIKE RUSSONIGGER. He's honestly just a real piece of shit that cares for nothing but himself. You can see it in his eyes, tone, mannerisms, facial expressions. He's not even living rent-free, he just left such a bad taste after seeing him in that Bitcoin march fiasco in Miami and listening to him talk.

>> No.49619693

>>49619240
>larp at me
KEK. Post balance, Pradeep. Do the needful, sir.

>> No.49619830 [DELETED] 
File: 16 KB, 383x238, larpatthisnigger.jpg [View same] [iqdb] [saucenao] [google]
49619830

>>49619693
here is 1 exchange, i have 2 houses worth more than it but whatever. your turn, sharpie ready?

>> No.49619854
File: 560 KB, 750x1334, 7315D751-4AB8-4963-AD32-05420CE6FE15.png [View same] [iqdb] [saucenao] [google]
49619854

>>49619306
it’s actually worse lol, I couldn’t find where they kept their financial statements with notes until now
in total he’s bought about 3.77 billion worth of btc, which leads me to believe that he’s already sold some of it. and is just using the impairment loss on the income statement an expense without reducing his asset value, and the stock price. so he’s already lost a billion in “real money”, however another page of the report says that he still holds 125k of btc @ the 3.77 billion purchase prices so I don’t really understand that yet
so 10x leverage is a rough estimate, I doubt that it’s less. he could have used cash that he already had in retained earnings or stock to buy it too, but I can’t spend that much time looking into it tonight

>> No.49621264

>>49618784
you're retarded

>> No.49621513

>>49618459
i still don’t understand this. his carry value on the balance sheet is 2.8 billion. either saylor sold some already or he’s committing fraud again imo

>> No.49621598

>>49617047
This guy is a fucking lunatic

>> No.49621679

>>49621513
average buy price is 30k~ for him
he has 150k btc
do the math

>> No.49621852

>>49621513
ya hes committing fraud that only you managed to find in his SEC scrutinized filings. You're the chosen one who has the answers. Take your meds

>> No.49621956

>>49621679
you’re right, but I think he fucked up
>>49621852
the auditors are the ones that scrutinize his reports, the SEC does nothing unless some kind of red flag is raised

>> No.49622080

>>49615430
whales will go after saylor

>> No.49622270
File: 8 KB, 219x230, 163649652.jpg [View same] [iqdb] [saucenao] [google]
49622270

>Hyperventilate
>check chart
>HYPERVENTILATE MORE
>check lovelace savings
>it still hasn't dumped
>actually on profit still
>check BTC chart
>Hyperventilate

>> No.49622590

>>49621852
>SEC
>actually scrutinizing someone like this
Kek no, they’re too busy watching pornhub to do their jobs

>> No.49622670

Cryptotards are living in fantasyland where margin calls and loans are all arbitrated by some defi gods who are all fair and just.
In real world people split other peoples head with an axe if it makes them a buck. He has a software business? >>49617862 they would go after that. He has bank accounts? They would go after that. Real world is messy. Cryptotards are about to learn it the hard way.

>> No.49622699 [DELETED] 
File: 187 KB, 545x630, 1655144813017.png [View same] [iqdb] [saucenao] [google]
49622699

>>49615430
3HKfPyUnzHoFBgE62uxbERDvC2yuV5oxy8

>> No.49622763

>>49615757
We'll be flipping patties until nuclear war erupts

>> No.49622915

>>49621264
Nah, he aint

>> No.49622923
File: 57 KB, 976x850, 21984724.jpg [View same] [iqdb] [saucenao] [google]
49622923

So, did it happen?

>> No.49622927

>>49621956
Oh so you found a red flag by looking at a routine filing page, but the auditors totally missed it. Sure! MEDS SCHIZO.
>>49622590
Meds schizo.

>> No.49623032
File: 1.29 MB, 331x197, 1608350547741.gif [View same] [iqdb] [saucenao] [google]
49623032

>>49615430
DIGITAL BEES
LIGHT SPEED ENERGY

KEK

>> No.49623182
File: 2.11 MB, 200x150, GoodShstuff.gif [View same] [iqdb] [saucenao] [google]
49623182

>>49616282
>$900
think of the sheer number of suicides that would occur if we hit $900.
Michael Saylor would literally strap himself to a rocket flying into a massive concrete Bitcoin symbol when that happens.

>> No.49623446

>>49621513
He issued a 500mn bond to buy bitcoin. What is your problem?

Mstr is essentially a bitcoin call option with a strike at 30k and a knockout barrier at 3k.

>> No.49623497

>>49615701
Yeah thank you Michael Saylor for $500 Bitcoin.

>> No.49623580

>>49615999
Trips of absolute truth

>> No.49623855

>>49616850
>HAHAHAHAHAHAHAAHAH

>> No.49623922

>>49615804
>if satoshi also starts selling (or already is) then it's game over
Pffffmhahaha what the fuck?

>> No.49626092

I just heard this dudes voice for the first time a couple hours ago. wtf? he sounds all nasally and looks like his face doesnt move properly, did he have plastic surgery or something?

>> No.49627724

>>49615789
/thread

>> No.49627765

>>49626092

His real face got shredded off in some weird kink tranny prostitute accident. He sold a little Bitcoin to pay for the face of one his dead employees to be grafted to his head.

>> No.49627768

>>49616109
>>49616850
>liquidity
daily volume is $64B
>faked
not completely

>> No.49627858
File: 32 KB, 417x280, 375-3758828_brainlet-brainlet-png-transparent-png.jpg [View same] [iqdb] [saucenao] [google]
49627858

>>49618489
>it happened before so it must happen again

>> No.49627979

>>49617047
I think saylor actually thinks you can recover the energy expended in mining a bitcoin

>> No.49628077
File: 27 KB, 1024x427, Gigachad-1024x427.jpg [View same] [iqdb] [saucenao] [google]
49628077

>>49627858
>it happened before so it must happen again

>> No.49628463

>>49619092
crazy question, why didn't he just buy bitcoin? why did he have to use leverage?

>> No.49628561

>>49618489
Assuming it did bounce back in a couple of years, that would still be 5-6 years of risk on a 3 billion dollar investment with multiple loans as collateral and no realized profits.

I don't need to tell you that that's not good business. They had the chance to withdraw on a profit multiple times during the fall, turning a profit during recession which is a good feat. Instead they're left scrounging for money to keep their stockholders from roping.

>> No.49628576

>>49628463
Why make 100 million when you can make 1 billion?
Greed.

>> No.49628648

>>49623182
A man can dream

>> No.49629952

>>49622670
did you watch the big short? kind of like how michael burry was under a huge amount, but so long as he kept making the interest payments they couldnt touch him. he even emailed clients saying funds are safu.
he ended up winning.
similar situation with saylor. cope and seethe

>> No.49630076
File: 54 KB, 1495x657, rs.png [View same] [iqdb] [saucenao] [google]
49630076

we are waiting for you

>> No.49630272

>>49629952
his interest rate must be at least 10% considering the loan was taken out to gamble.

so he's gonna be selling 4k btc a month, for years. what do you think that'll do to the price

>> No.49630323

>>49630272
his loan is $200m, you have no idea what his interest is.
>the only assets MS has is bitcoin
4000 bitcoin a month?
i too believe it fairytales

https://oasis.app/25977#Overview
follow this if you want to see the real margin call

>> No.49630402

he's been awfully quiet since his margin call dropped

>> No.49630463

>>49630402
Wonder if he could/would ever short to cover his position. At the very least, this may show people that it is wise to be quiet about adopting Bitcoin, that is unless driving hype up was or is Saylor's bottom line.

>> No.49630472

>>49630463
he's been selling to make the margin

>> No.49630502

>>49615430
I want to see him liquidated.

>> No.49630554

>>49630472
>>49630463
and lying about it

>> No.49630625
File: 841 KB, 768x1024, 1645181484061.png [View same] [iqdb] [saucenao] [google]
49630625

>>49617992
yet he is a billionare and you are a wagie

>> No.49630643

>>49616223
He has pretty nice tits.

>> No.49630696

>>49615430
Is this even true? It's all just speculation

>> No.49630698

Imagine, in the far future, when the fabled $3.2 trillion MicroStrategy fortune is discovered in some underground vault.

>> No.49631008

Based Saylor making /biz/ seethe

>> No.49631035

Nothingburger fake FUD

>> No.49631067
File: 28 KB, 600x600, 5482F837-893C-4468-A12C-FE63FA00DE17.jpg [View same] [iqdb] [saucenao] [google]
49631067

>>49615847
>6 digits
>duhrrrrrrr

Devasini says h2WRPhello.

>> No.49631096
File: 693 KB, 755x1116, CFO_Yuo_Phukked.png [View same] [iqdb] [saucenao] [google]
49631096

>>49630696
weeeelll..
either the CFO of MicroStrategy is a liar, or the guy currently telling you, he can buy 130,000 BTC (with borrowed and leveraged cash) @ AVERAGE OF OVER $30k+.. and hes absolutely fine and got zero financial problems whatseover, unless BTC hits $3.5k. Or $4k - amount depending upon time of day.
SO, who is the liar here?
take YOUR pic anon.

>> No.49631113

>>49615430
please Bobo financially destroy this Saylor faggot. never in history has there been a bigger financial spastik than this guy. I want to see him jump out of the window from his office onto incoming traffic. Praise be

>> No.49631464

>>49631113
>>49631096
cope and seethe

>> No.49631619

>>49631464
heres a present for you anon.
fill yur boots.
https://www.google.com/search?&q=google+calculator

>> No.49631703
File: 11 KB, 225x225, images.jpg [View same] [iqdb] [saucenao] [google]
49631703

>>49631619
heres a present for you anon

>> No.49631765

>>49631703
yes, le magic 'I can buy 130k BTC at 6 times current price, with borrowed and on leverage for shits n giggles, and not lose money' face.
What. a. Guy.
Tell me, how does he do it?
I suspect its photoshop tricks myself.

>> No.49631883

>>49631765
rent free.
stay mad and poor

>> No.49633082

https://twitter.com/saylor/status/1523996525151539203

Biztards always disappoint.

>> No.49633277

>>49633082
SO, this idiot is claiming, he will use the entirety of his Bitcoin holdings - which hes ALREADY billion$+ down on - JUST to back 1 (one..) fucking $205m loan?
I'm totally sure he paid cash for the other $3.6b BTC. Like, for real, Dude.

>> No.49633667

Did he get liquidated or not?
Seems like he did and is trying to cope and put a brave face on.

>> No.49633857
File: 882 KB, 764x764, 1654979588563.png [View same] [iqdb] [saucenao] [google]
49633857

>>49616275
>STEADY LADS
AHAHAHAHAHAHAHHAHAHAHAHHAA