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MicroStrategy Pays Off Bitcoin-Backed Loan From Silvergate

(Bloomberg) -- MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrenc

(Bloomberg) -- MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrency. Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayUS Stocks Pare Gains as Banks Rebou

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