MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion.
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The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion.
Silvergate Bank has provided a $205 million term loan, collateralized by BTC holdings, through its SEN leverage program to MicroStrategy’s subsidiary – MacroStrategy. The company wants to use the funds…
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant's CEO.
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America,…
MicroStrategy currently holds a total of 125,051 BTC acquired for $3.78 billion at an average price of $30,200 per Bitcoin.
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency.
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin…
MicroStrategy bought significantly less BTC in January than in previous months, according to official data.
Sven Henrich, CEO of NorthmanTrader, is the latest Bitcoin supporter after speaking with Michael Saylor.