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 Fully Repays Its $205M Silvergate Loan, Buys Another 6,455 BTC
  • 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.

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Author: EZ

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