Posts

Should We Be Worried About Michael Saylor Getting His Bitcoin Loans Liquidated?

avatar of @khaleelkazi
25
Khal
@khaleelkazi
·
·
0 views
·
2 min read

This has been a new narrative amongst the crypto space. Now that SBF and FTX have blown up along with dozens of other crypto companies, firms and individuals - people are turning to one of the biggest Bitcoin evangelists and BTC holders: Michael Saylor.

There is a lot of speculation out there about what his Bitcoin loan liquidation price is. For those who don't know, this is the price that BTC would need to hit for his loan collateral to be liquidated at market prices to cover the margin loans he's taken out to buy more Bitcoin.

Some are speculating this could be as high as $13.5k. I'm not so sure about that.

In this clip, we talk about it and some of the speculation surrounding Saylor right now.

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.

Our mission is to democratize financial knowledge and access with Web3.

Twitter: https://twitter.com/FinanceLeo Discord: https://discord.gg/E4jePHe Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/ Microblog on Hive: https://leofinance.io/threads LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP Hivestats: https://hivestats.io LeoDex: https://leodex.io LeoFi: https://leofi.io BSC HBD (bHBD): https://wleo.io/hbd-bsc/ BSC HIVE (bHIVE): https://wleo.io/hive-bsc/ Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com PolyCUB (Polygon): https://polycub.com Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io

Posted Using LeoFinance Beta