42k ish i think is where their entire stack is less then the loan they have in USD with kraken. before then they'd need to deposit more Bitcoin to the loan account to maintain the LTV.
Only way it happens is forced liquidation . No rational fiduciary looks at the macro landscape and decides to willingly dump the hardest asset on Earth back into a depreciating fiat system.
Already did
Forced liquidation how? In bankruptcy court?
they have an outstanding loan with kraken that can be margin called if Bitcoin goes low enough.
Ahh but not for their entire stack. If they survive this bear market they will be fine
ya...if it goes low enough...ya
How low are we talking :D
42k ish i think is where their entire stack is less then the loan they have in USD with kraken. before then they'd need to deposit more Bitcoin to the loan account to maintain the LTV.
Then we got a ways to go
another 50% off Bitcoin sale would be fantastic
for roughly their entire stack, yes.
Only way it happens is forced liquidation . No rational fiduciary looks at the macro landscape and decides to willingly dump the hardest asset on Earth back into a depreciating fiat system.
lol, too easy... More like, which month of 2026