Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

February 22 — Per Alicharts data, centralized cryptocurrency exchange (CEX) stablecoin reserves have dropped 14% over the past three months, falling from $750 billion to $645 billion.

February 22nd, per Barchart analysis, MicroStrategy (MSTR) holds 717,131 bitcoins—worth roughly $48.7 billion at recent prices. By contrast, the firm’s debt stood at $8.2 billion as of end-2025, meaning its assets are nearly six times its liabilities. That confidence led CEO Phong Le to note during the earnings call that Bitcoin would need to drop to $8,000 per coin **and stay there for 5-6 years** for MSTR to face genuine challenges repaying its convertible bonds. Additionally, all of MSTR’s bitcoins are unencumbered, so there’s no risk of forced liquidation. The company’s annual debt interest and dividends total $888 million. To address this, MSTR plans to set aside $2.25 billion in cash reserves in Q4 2025—enough to cover over 30 months of payments without touching its Bitcoin. Notably, its first major debt maturity is September 2027, giving the firm ample breathing room. Analysts say MSTR’s real pressure isn’t solvency but growth potential in a bear market. For context: Du

On February 22, MicroStrategy founder Michael Saylor once again released information related to its Bitcoin tracker. Per past practice, MicroStrategy typically discloses its additional Bitcoin holdings the day after related news is released.

On February 22, per AXIOS: A senior U.S. official told reporters Sunday that if Iran delivers a detailed nuclear deal proposal to U.S. negotiators within the next 48 hours, the U.S. is ready to hold new talks with Iran in Geneva this Friday. The official added the current diplomatic push may be Iran’s last chance before President Trump orders a large-scale U.S.-Israel joint military operation—one that could directly target Iran’s Supreme Leader Ayatollah Khamenei. The Trump administration is holding out for Iran’s proposal, the official noted.

Feb. 22 — U.S. Treasury Secretary Janet Yellen said the tariff refund issue will be ruled on by a lower court. (Forex)

Associated Press: U.S. Secret Service shot and killed a man who attempted to illegally enter the secure area of Mar-a-Lago on February 22 local time. The man was reportedly carrying what appeared to be a shotgun and a gas canister. Multiple media reports identify the victim as a man in his early 20s. Trump was not present at Mar-a-Lago when the incident occurred. Authorities will hold a press conference at 9:30 a.m. local time, and initial investigations confirm security measures responded promptly.