News+

What happens to MicroStrategy's multi-billion dollar bitcoin bet if BTC crashes?

Quick Take

  • MicroStrategy has invested nearly $3 billion in bitcoin.
  • The bet is largely backed by loans worth over $2 billion.
  • What happens if bitcoin (BTC) crashes?
MicroStrategy has spent nearly $3 billion on its bitcoin bet. It raised most of that money by issuing loans. What happens if BTC crashes?

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly

Annual

$
per year
Join Now

Monthly

$
per month
Join Now

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Trending Stories

SEC said to allow first bitcoin futures ETF to trade in US: report

The U.S. Securities and Exchange Commission is said to be allowing the first Bitcoin futures exchange-traded fund (ETF), per a Bloomberg report. The publication said in a report on Thursday night that the U.S. regulator “isn’t likely to block the products from starting to trade next week,” citing people familiar with the matter. The report […]
Read Full Story
Oct 15, 2021, 2:54AM UTC
More