What happens to MicroStrategy's multi-billion dollar bitcoin bet if BTC crashes?
September 10, 2021, 2:41PM EDT · 7 min read
- 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?