MicroStrategy Purchase Additional 4,167 Bitcoins
On April 5th, MicroStrategy, the software firm owned by Michael Saylor, purchased an additional 4,167 BTC.
Microstrategy Inc. said it bought more bitcoin between Feb. 15 and April 4 through its subsidiary MacroStrategy LLC.
The acquisition brings MicroStrategy’s total BTC holdings to 129,218 tokens- valued at roughly $6 billion, based on today’s price.
MacroStrategy, a branch of MicroStrategy, has received a $215 million loan from Silvergate Bank to buy more Bitcoin.
MicroStrategy provided a portion of its Bitcoin reserves as collateral to secure the loan.