{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-27GSKRDLZ7",
  "slug": "will-microstrategy-be-margin-called-in-2026",
  "question": "Will MicroStrategy be margin called in 2026?",
  "category": "crypto",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "business",
    "crypto",
    "microstrategy",
    "margin-call",
    "bitcoin-holdings",
    "2027"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This market tracks whether MicroStrategy will receive a margin call on its Bitcoin-backed debt in 2026. Resolution relies on Polymarket's UMA Optimistic Oracle, referencing MicroStrategy's public disclosures and lender announcements. The authoritative source is MicroStrategy's own filings and any formal lender notices regarding collateral thresholds.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-1S09ZFRCC2",
  "current_primary_mark": {
    "last_price": 0.044,
    "implied_probability": 0.044
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-1S09ZFRCC2",
      "event_id": "CM-EVT-27GSKRDLZ7",
      "platform": "polymarket",
      "platform_market_id": "0x48f7e0d0c13d8dba8f533d8fcac51c873727ac8993fc8eb1ca7c13b7cabe3c20",
      "question": "Will MicroStrategy be margin called in 2026?",
      "description": "This market will resolve to \"Yes\" if MicroStrategy incorporated is margin called on any of its Bitcoin-backed loans by December 31, 2026, 11:59 PM ET, resulting in either a forced liquidation of Bitcoin by a lender or MicroStrategy posting additional collateral or making a loan repayment in response to the margin call. Otherwise, this market will resolve to \"No.\"\n\nA margin call is defined as a lender formally requiring MicroStrategy to either provide additional collateral or repay part of a loan due to the value of Bitcoin collateral falling below the required loan-to-value (LTV) ratio. Volunt",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "MicroStrategy's public disclosures and lender announcements regarding margin calls on its Bitcoin-backed loans through December 31, 2026.",
      "close_at": "2027-01-01T05:00:00Z",
      "resolve_at": "2027-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if MicroStrategy incorporated is margin called on any of its Bitcoin-backed loans by December 31, 2026, 11:59 PM ET, resulting in either a forced liquidation of Bitcoin by a lender or MicroStrategy posting additional collateral or making a loan repayment in response to the margin call. Otherwise, this market will resolve to \"No.\"\n\nA margin call is defined as a lender formally requiring MicroStrategy to either provide additional collateral or repay part of a loan due to the value of Bitcoin collateral falling below the required loan-to-value (LTV) ratio. Voluntary Bitcoin sales by MicroStrategy that are not explicitly in response to a margin call will not count. \n\nThe primary resolution sources will be SEC filings, official MicroStrategy statements, and a consensus of credible financial reporting.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": [
          {
            "name": "SEC filings",
            "url": null,
            "provenance": "clearmarket_editorial"
          },
          {
            "name": "official MicroStrategy statements",
            "url": null,
            "provenance": "clearmarket_editorial"
          },
          {
            "name": "a consensus of credible financial reporting",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 37,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.044,
      "implied_probability": 0.044,
      "volume_24h_usd": 22.727271,
      "volume_total_usd": 96348.32226300005,
      "settlement_style": "occurrence",
      "direction": "occurrence",
      "threshold": null,
      "question_id": "CMX-CB259B0EAC",
      "also_on": null,
      "tags": [
        "bitcoin",
        "leverage",
        "margin call",
        "microstrategy",
        "mstr"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-27GSKRDLZ7",
    "terms": "Attribution required. clearmarket.fyi"
  }
}