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

Bitcoin • September 10, 2021, 2:41PM EDT
The Block

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?
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