Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC
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Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain…
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Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized mortgage from Silvergate Bank via a subsidiary to purchase extra bitcoin. “The interest-only term loan is secured by... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
MacroStrategy, subsidiary of MicroStrategy, closed on a $205 million loan through Silvergate Bank, collateralized by bitcoin in order to purchase more bitcoin. MacroStrategy, subsidiary of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the... [[ This is a content summary only. Visit my website for full links, other content, and…