Back in March, the company funded its latest purchase of Bitcoin by using the cryptocurrency it already holds in reserve as collateral for a $205 million loan from Silvergate Bank.
"We also furthered our position as the leading public company investor in bitcoin through the issuance of our first Bitcoin-backed term loan. We have demonstrated that our Bitcoin can be productively used as collateral in capital raising transactions, which allows us to further execute against our business strategy. Today, MicroStrategy is the world’s largest publicly traded corporate owner of Bitcoin with over 129,200 BTC.
There's some way to go before MicroStrategy would be nursing a loss on its Bitcoin investment, as the average cost per coin it owns stands at $30,700, with a total cost of $3.9 billion. "Not sure who needs to know this, but when MicroStrategy makes any material change to its corporate strategy or to its Bitcoin holdings, we disclose this to our shareholders via SEC filings, available to all."
I read cz_binance story and I got inspired to HODL Bitcoin
Long-term goals only.
You wanna have these 2 gems on your portfolio: shield2protocol $SHIELD berry_data $BRY $bsc $gem BSC BscGem Binance BinanceSmartChain BNB BNBChain 100xgem cryptocurrency Crypto BNBGem CZBinance BUSD PancakeSwap 2FA Oracle BinanceUS 😎😎😎
babydogecoin
💰CTHAI increased more than +20000% today ‼️Congrats to all holders 🔥 cashthai_off 🎁 200 USDT giveaway ☘️☘️☘️How to join🍀🍀🍀
So the liquidation has begun?
Hi!partner,SDOGE has buyback and burn almost 3000BNB。let's go to the moon together!sinceredoge SDOGE sincere_doge
Easy for him to purchase Bitcoin $BTC cuz he uses other people's money
The market is red every time this man speaks.
He probably will be able to buy btc for $25 soon. Can’t believe the board haven’t fired him yet.
What does it have to say? The problem now is also for the sustainability of UST
Doesn't matter. Check back in 2 years time.
Saylor is getting sadder and sadder with every plunge of BTC...
I miss the funny react emoji at twitter when I see his tweets 🤣
I give them all $26😄
He is the One
Tomcoin_bsc 🔥🚀😍
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »