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MicroStrategy Acquired 6,455 BTC for $150M: Filing

MicroStrategy reportedly has acquired 6,455 BTC for $150 million.

By 247patrick

Published March 27, 2023, 10:15pm ET · 1 min read

According to its latest 8-K filing with the SEC, MicroStrategy has acquired 6,455 BTC for $150M with an average price of $23,238 per BTC between 16th February and March 23rd 2023.

The firm also reported that it has paid off its $205M loan from Silvergate Bank at a 22% discount rate.

As of March 2023, the company, together with its subsidiaries held approximately 138,955 BTC with an aggregate purchase price of $4.14B, with the average price being $29,817.

This article originally appeared on The Tokenist

Contact [email protected] for any questions or corrections.

247patrick

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