‘Infinite Money Glitch’ Putting MicroStrategy at Risk of Liquidation, According to BitMEX Research

Michael Saylor and MicroStrategy’s system of issuing bonds to buy Bitcoin (BTC) comes with substantial risk, according to BitMEX Research. In a new report, BitMEX comments on the business intelligence firm’s massive corporate holding of Bitcoin, which it has largely accumulated by issuing debt. While a forced liquidation is “highly unlikely,” BitMEX notes that Bitcoin The post ‘Infinite Money Glitch’ Putting MicroStrategy at Risk of Liquidation, According to BitMEX Research appeared first on The Daily Hodl .