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A comment on Amazon builds property empire, quietly buying land across the US. Parent comment

Re:Amazon builds property empire, quietly buying land across... by madars on Tuesday June 14, 2022 @05:47PM (#31746478)
Reference to https://en.wikipedia.org/wiki/MicroStrategy
[ Parent | on HN ]
Re:Amazon builds property empire, quietly buying land across... by justinclift on Wednesday June 15, 2022 @05:58AM (#31750960)
Ouch:

  On the company’s quarterly earnings call on May 3, 2022, MicroStrategy CFO
  Phong Le stated that the company would face a margin call if bitcoin’s price
  fell to about $21,000.
According to Coindesk, the price for Bitcoin dropped to $20,087.90 last night:

https://www.coindesk.com/price/bitcoin/

Wonder how that's playing out for them...

[ Parent | on HN ]