MicroStrategy Fully Repays Its $205M Silvergate Loan, Buys Another 6,455 BTC
The company's bitcoin-collateralized loan of $205M was repaid in full at a 22% discount.
MicroStrategy has repaid of its $205M bitcoin-collateralized Silvergate loan in full at a 22% discount for $160M.
The company also disclosed a purchase of 6,455 BTC ($150M) at an average price of $23,238 per bitcoin.
MicroStrategy remains the leading public corporation in terms of bitcoin holdings. The latest purchase has brought their total holdings to 138,955 BTC, acquired at an average price of $29,817 per bitcoin.