Nasdaq-listed business intelligence firm MicroStrategy of Michael Saylor had invested nearly $4 billion to buy 129,218 BTC, according to SEC filings in March 2022. The firm borrowed $205 million in a three-year loan from crypto-focused bank Silvergate in March to buy more BTC and used 19,466 Bitcoins to secure the loan. As the BTC prices continue to crash, rumors said that MicroStrategy could be faced with margin calls against the loan. However, they said that they did not receive a margin call.

Nasdaq-listed US Software firm MicroStrategy is one of the major Bitcoin players and influencers in the global Bitcoin segment. The company has a market cap of some $2.7 billion and purchased over 129,000 bitcoins since August 2020. The company, co-founded by CEO Michael Saylor in 1989, first bought the cryptocurrency by converting $250 million of its cash holdings into 21,454 BTC. Since then, it has converted proceeds from the software business and €2.4 billion in debts to acquire Bitcoins.

MicroStrategy, a business intelligence software company, is one of the best-known investors in Bitcoin...