MicroStrategy Continues Bitcoin Buying Spree and Pays Off Loan from Silvergate.
TL;DR
MicroStrategy has purchased 6,455 bitcoins for about $150 million in the last five weeks, bringing its total bitcoin holdings to 138,955 tokens, or about $3.88 billion. The recent acquisitions come as bitcoin has rallied to start the year, up about 62% year-to-date. MicroStrategy also paid off the remaining principal on a $205 million loan from the failed Silvergate Bank, and 34,619 bitcoins held as collateral were returned to the company.
Topics:businesscryptocurrency#bitcoin#crypto-investment#cryptocurrency#microstrategy#sec-filing#silvergate-bank
- Michael Saylor's MicroStrategy snaps up 6,455 bitcoin as token rallies Markets Insider
- MicroStrategy Pays Off Bitcoin-Backed Loan From Silvergate Yahoo Finance
- MicroStrategy Purchases 6,455 BTC Pays Off $205M Loan Bitcoin Magazine
- Why Bitcoin- And Ethereum-Related Stock Silvergate Is Up 30% - Silvergate Capital (NYSE:SI) Benzinga
- MicroStrategy Repays Silvergate Loan, Spends $150M Buying More Bitcoin Decrypt
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