MicroStrategy is known for its bullish stance on Bitcoin and for being the top publicly-traded company with the largest BTC holdings. The company is about to embark on another acquisition spree once more and has already secured the necessary funding by using some of its BTC as collateral for a loan. MicroStrategy CEO Michael Saylor has announced his firms latest move via a post on social media. MacroStrategy, a subsidiary of MicroStrategy, has closed a $205 million bitcoin-collateralized loan with Silvergate Bank to purchase #bitcoin, Saylor wrote on a March 29 Twitter post. In a post...
source: https://tokenpost.com/MicroStrategy-secures-205M-Bitcoin-collateralized-loan-to-buy-more-BTC-9568
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