Crypto Twitter influencers and FUD news about Microstrategy's Margin Call and him getting Liquidated
Honestly, it is becoming annoying to come on Twitter and you see a random Twitter influencer or influencers taking advantage of the already high extreme fear in the crypto market and negative sentiments in the market to create more FUD (Fear, Uncertainty, And Doubt) coming up with a lot of news including fake news, I really don't understand their end game here, just because you want to make a buck then you cause or increase the extreme fear in the market already, which leads to more people panic selling and newbies running away from crypto and that is not fair or is their point to make people sell off their coins and push the price of the coins down then they secretly stack up their portfolios for maximum profits? if that is the case then that is highly selfish and not fair at all to others, this is one of the reasons I don't or hard believe these influencers.
These Crypto Twitter influencers and their FUD is really annoying, I just came on Twitter a few hours ago not only are some accounts predicting that Michael Saylor's company Microstrategy will receive a margin call soon but that he has been liquidated and am like "how guys how?", I have literally made a post about these margin call issues, When Microstrategy CEO cleared the air a while back and he still did today again, is that these influencers want him to be liquidated or sell off his Bitcoin holdings at loss, is that how much they don't like him? or they are jealous of him? I really don't get it.
Here are his tweets on the FUD news:
When @MicroStrategy adopted a #bitcoin Strategy, it anticipated volatility and structured its balance sheet so that it could continue to #hodl through adversity.
MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. $MSTR has 115,109 BTC that it can pledge. If the price of #btc falls below $3,562 the company could post some other collateral. See slides 11-12 in Q1 2022 presentation. #hodl
Now you can see for yourself one of the FUD sources above, MicroStrategy has not been liquidated and can only get a margin call if Bitcoin price gets to $3562, and like Michael Saylor has explained above they are prepared for that too, so his company is good on their Bitcoin holdings, and Yes they are down $1.2 billion in unrealized loss and have not bought Bitcoin for some time now. And in response to the other FUD news the account is spreading Binance did not freeze Bitcoin or USDT yesterday, they had stuck Bitcoin transactions but that has been resolved, and they have resumed withdrawals since yesterday. As for the dump or dip, that is part of the crypto game for crying out loud we are in a bear market, and market dips in a bear market.
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