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Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC – Finance Bitcoin News

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 bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one

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MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan

MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank.In a Tuesday announcement, MicroStrategy said Silvergate issued a $205 million loan “secured by certain Bitcoin held in MacroStrategy’s collateral account.” The firm's subsidiary MacroStrategy will be using the

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Microstrategy CEO: Wars Create Inflation Making BTC Compelling

Michael Saylor has pointed out that wars create inflation, cripples commerce and make Bitcoin compelling Bitcoin has already proven to be an alternative in Ukraine for its citizens and residents Two Danish reporters in Ukraine bought a car with Bitcoin after ATMs stopped working Over $4 million in digital assets has been donated

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Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec

As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative for now, or until whale investors like MicroStrategy cash out.Ki Young Ju, CEO of South Korean on-chain analytics resource CryptoQuant, took

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Jack Dorsey Touts Bitcoin’s Virtues at MicroStrategy Conference

"We're the closest we've ever been to having a native currency for the internet with bitcoin," Dorsey said in a conversation with fellow bitcoin proponent MicroStrategy CEO Michael Saylor at MicroStrategy's Bitcoin for Corporations conference on Tuesday. Dorsey added that the world needs a universal currency where, for instance, decisions

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Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC – Featured Bitcoin News

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 has been to buy and hold, so to the extent we have excess cash flows or we find other ways

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