Between February 16 and March 23, MicroStrategy purchased $150 million (6455 BTC) worth of bitcoins, with an average purchase price of $23238.
The company also repaid a loan from Silvergate Bank.
Last year, MicroStrategy took out a $205 million term loan maturing in 2025.
The firm paid off $161 million in debt at a 22% discount.
As of today, Silvergate Bank has ceased operations.
Holpop News
Holpop News
MicroStrategy purchased $150 million worth of bitcoins and repaid debt to Silvergate Bank
posted on March 27, 2023 by holpop in Blockchain
