Microstrategy co-founder Michael Saylor posted on social platforms that MicroStrategy repaid its $205 million Silvergate loan at a 22% discount. The company borrowed $205 million from Silvergate Bank in March last year. As part of the repayment of the loan, 34,619 Bitcoins held as collateral were returned to MicroStrategy for safekeeping. As of March 23, 2023, MicroStrategy, together with its subsidiaries, held approximately 138,955 Bitcoins for a total acquisition price of approximately $4.14 billion, with an average purchase price of approximately $29,817.
