MicroStrategy Purchases 6,455 BTC, Pays Off $205M Loan At 22% Discount

MicroStrategy continues to stack bitcoin, with the help of a sizable discount on a loan taken out at Silvergate Bank. MicroStrategy has announced the repayment of a $205M bitcoin-collateralized loan in full at a 22% discount for $160M, along with the acquisition of an additional 6,455 BTC, bringing their total holdings to 138,955 BTC.