MicroStrategy Inc. Chief Executive Michael Saylor told investors not to worry about a potential margin call on a Bitcoin-backed loan, saying the company has ample collateral to pledge if necessary. “As long as the Silvergate loan remains collateralized with an LTV less than 50%, there is no margin call,” Saylor wrote in a email to Bloomberg, referring to loan-to-value metrics. “We manage accordingly.” The software firm said on a conference call in May that the price of the Bitcoin would need to fall to around $21,000 before a call would be triggered on its $205 million loan from a unit of Silvergate Bank, but that it ... (full story)