According to its latest 8-K filing with the SEC, MicroStrategy has acquired 6,455 BTC for $150M with an average price of $23,238 per BTC between 16th February and March 23rd 2023.
The firm also reported that it has paid off its $205M loan from Silvergate Bank at a 22% discount rate.
As of March 2023, the company, together with its subsidiaries held approximately 138,955 BTC with an aggregate purchase price of $4.14B, with the average price being $29,817.
This article originally appeared on The Tokenist
Are You Ahead, or Behind on Retirement?
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: am I ahead, or behind on my goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With Zoe Financial’s free matching tool, you can connect with trusted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.