MicroStrategy Purchases 6,455 BTC, Pays Off $205M Loan At 22% Discount

MicroStrategy Purchases 6,455 BTC, Pays Off $205M Loan At 22% Discount

March 27, 2023 by secret
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[ad_1] MicroStrategy continues to stack bitcoin, with the help of a sizable discount on a loan taken out at Silvergate Bank. MicroStrategy has announced the repayment of a $205M bitcoin-collateralized loan in full at a 22% discount for $160M, along with the acquisition of an additional 6,455 BTC, bringing their total holdings to 138,955 BTC.