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Ethereum World News 2022-03-29 14:46:29

Michael Saylor’s MacroStrategy Secures $205 Million Loan to Buy More Bitcoin

MacroStrategy LLC has received a bumper loan from Silvergate Bank. The terms provide the company with $205 million earmarked for a massive bitcoin purchase. Also, MacroStrategy’s loan is collateralized by Bitcoin held by the firm’s parent company – MicroStrategy. According to a press statement released on Tuesday (March 29, 2022), MacroStragegy has secured a $205 million loan from Silvergate Bank, an affiliate of financial service provider Silvergate Capital Corporation. MacroStrategy is also a subsidiary of the world’s largest analytics and […]

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