loan repayment


MicroStrategy, repay its $205 million loan from Silvergate Bank at a 22% discount. The move was made possible by the sale of $220 million worth of senior secured notes, which eliminated the company’s outstanding debt, reduced its interest expense, and increased its financial flexibility. MicroStrategy Continues to Double Down on Bitcoin Holdings Despite Criticisms In addition to repaying its loan, MicroStrategy has also continued to add to its Bitcoin holdings. As of March 23, 2023,…