MicroStrategy, through its subsidiary, MacroStrategy, Purchased Additional 4,167 Bitcoins

Another massive Bitcoin purchase from MicroStrategy

MicroStrategy co-founder Michael Saylor has announced the 4,167 Bitcoins purchase of MacroStrategy via Twitter. This is the second massive Bitcoin purchase of this firm in the last 7 days.

During the period between February 15, 2022, and April 4, 2022, MicroStrategy, through its wholly-owned subsidiary, MacroStrategy, acquired approximately 4,167 bitcoins for approximately $190.5 million in cash, at an average price of approximately $45,714 per bitcoin, inclusive of fees and expenses.

As of April 4, 2022, MicroStrategy, together with its subsidiaries, held an aggregate of approximately 129,218 bitcoins, which were acquired at an aggregate purchase price of approximately $3.97 billion and an average purchase price of approximately $30,700 per bitcoin, inclusive of fees and expenses, with MacroStrategy holding approximately 115,110 of these bitcoins.

On March 29 (Asian hour), Silvergate Bank, a subsidiary of Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, announced it has issued a $205 million term loan under its Silvergate Exchange Network (SEN) Leverage program to MacroStrategy LLC, a subsidiary of MicroStrategy Incorporated which is the largest independent publicly-traded analytics and business intelligence company.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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