Microstrategy Increases its Position in Bitcoin

Microstrategy is well-known in the investing world for its investments in Bitcoin, having built the largest position from any institutional investor worldwide. This time, the company decided to increase its position in Bitcoin, taking another loan.

More specifically, it took a loan from Silvergate Bank for its subsidiary, Macrostrategy, worth $205 million, to buy even more bitcoins. The loan would be paid back interest-only as the collateral for it was given in Bitcoin and covered the 100 % of the needed amount.

The fact that we can see more and more Bitcoin integrations in the financial system, give us the chance to see new business models that will exploit Bitcoin’s value and use it for finance new ventures for businessmen.