{"id":19692,"date":"2023-03-27T15:14:30","date_gmt":"2023-03-27T15:14:30","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/27\/microstrategy-repays-silvergate-bank-loan-buy-6455-btc\/"},"modified":"2023-03-27T15:14:30","modified_gmt":"2023-03-27T15:14:30","slug":"microstrategy-repays-silvergate-bank-loan-buy-6455-btc","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/27\/microstrategy-repays-silvergate-bank-loan-buy-6455-btc\/","title":{"rendered":"MicroStrategy repays Silvergate Bank loan, buy 6,455 BTC"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679923790996-e6502aea-4271-47d3-bca2-053cbc1ec63a-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679923790996-e6502aea-4271-47d3-bca2-053cbc1ec63a-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679923790996-e6502aea-4271-47d3-bca2-053cbc1ec63a-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679923790996-e6502aea-4271-47d3-bca2-053cbc1ec63a-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/03\/1679923790996-e6502aea-4271-47d3-bca2-053cbc1ec63a.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">MicroStrategy founder Michael Saylor introduced the corporate had repaid the $205 million mortgage at a 22% low cost.<\/li>\n<li dir=\"ltr\">The firm additionally purchased 6,455 bitcoins price $150 million.<\/li>\n<li dir=\"ltr\">Saylor\u2019s firm at present holds greater than 138,900 bitcoins.<\/li>\n<\/ul>\n<p dir=\"ltr\">MicroStrategy, the world\u2019s largest company holder of <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a>, has revealed it just lately bought extra BTC.\u00a0<\/p>\n<p dir=\"ltr\">The enterprise intelligence firm, based by Bitcoin bull Michael Saylor, additionally introduced on Monday that it had repaid the mortgage to the failed crypto-friendly financial institution Silvergate Bank.<\/p>\n<h2 dir=\"ltr\">MicroStrategy repays $250 million mortgage, buys 6,455 BTC<\/h2>\n<p dir=\"ltr\">Saylor, referencing his firm\u2019s newest <a href=\"https:\/\/www.microstrategy.com\/en\/investor-relations\/financial-documents\/microstrategy-repaid-silvergate-loan-and-increased-bitcoin-holdings-by-6455-and-now-holds-138955-btc_3-27-2023\" rel=\"noopener noreferrer\" target=\"_blank\">SEC filing<\/a>, mentioned that MicroStrategy has now absolutely repaid the $205 million mortgage it borrowed from Silvergate in March 2022. The firm reportedly cleared the mortgage principal with a 22% low cost, with Friday\u2019s payoff seeing MicroStrategy clear the collateralized mortgage at $160 million.<\/p>\n<p dir=\"ltr\">As a end result, the corporate recouped its 34,619 BTC that had been pledged as collateral.<\/p>\n<p dir=\"ltr\">MicroStrategy additionally confirmed the acquisition of 6,455 BTC, acquired for a complete of $150 million and at a mean $23,238 a coin. Saylor\u2019s bitcoin technique now features a whole Bitcoin haul of 138,955 BTC for the reason that firm\u2019s first transfer in 2020.\u00a0<\/p>\n<p dir=\"ltr\">So far, the overall BTC holdings have been acquired at a value of $4.1 billion, with every bitcoin bought on the common value of $29,817.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy repaid its $205M Silvergate mortgage at a 22% low cost. As of three\/23\/23, <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> acquired an extra ~6,455 bitcoins for ~$150M at a mean of ~$23,238 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a> &amp; held ~138,955 BTC acquired for ~$4.14B at a mean of ~$29,817 per bitcoin. <a href=\"https:\/\/t.co\/ALp9VLkTpt\">https:\/\/t.co\/ALp9VLkTpt<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1640325496654143488?ref_src=twsrc%5Etfw\">March 27, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Bitcoin at present trades round $27,809 whereas MicroStrategy shares closed at $256.67 on Friday and had been 0.07% down at 9.10 am ET forward of US markets opening on Monday.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/microstrategy-buys-another-150-million-worth-of-bitcoin\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] MicroStrategy founder Michael Saylor introduced the corporate had repaid the $205 million mortgage at a 22% low cost. The firm additionally purchased 6,455 bitcoins price $150 million. Saylor\u2019s firm at present holds greater than 138,900 bitcoins. MicroStrategy, the world\u2019s largest company holder of Bitcoin, has revealed it just lately bought extra BTC.\u00a0 The enterprise [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[310,31,132,1004,1021,2998,5715],"class_list":["post-19692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bank","tag-btc","tag-buy","tag-loan","tag-microstrategy","tag-repays","tag-silvergate","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=19692"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19692\/revisions"}],"predecessor-version":[{"id":19693,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19692\/revisions\/19693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/19694"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=19692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=19692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=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