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BREAKING: Michael Saylor's Loan Bitcoin Bank Collapse | EP 688

Simply Bitcoin

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Silvergate - A Hitcoin, Ladies and Gentlemen

Coinbase, Paxos, Galaxy Digital, Gemini, Bitstamp, Crypto.com, and Circle each issued statements saying that they have cut ties with a one's crucial partner linking them to the traditional banking system. MicroStrategy has also addressed concerns for its Silvergate loan in the event the bank faces insolvency. Shares of the company were down as much as 56% in afternoon trade on Thursday.

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