Breaking: MicroStrategy Buys 6,455 BTC

Breaking: MicroStrategy Buys 6,455 BTC

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After repaying its $205 million Silvergate loan, the largest corporate holder of Bitcoin MicroStrategy has purchased 6,455 Bitcoins, the former CEO revealed in a March 27 tweet.

According to Micheal Saylor, the newly purchased Bitcoins were secured at an average market price of $23,238, amounting to roughly $150 million at the current market price and as well equivalent to 6,455 Bitcoins.

This new transaction will however bring the total Bitcoin being held by MicroStrategy to roughly 138,955 Bitcoins, all bought at around $14.4 billion with $29,817 being an average price per Bitcoin.

In addition to the BTC purchase which marks the first MicroStrategy Bitcoin transaction in 2023, the software solutions provider also paid back its $205 million Silvergate loan at a 22% discount, said Saylor in the tweet.

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