MacroStrategy Closes $205 Million Bitcoin-Collateralized Loan From Silvergate Bank To Buy BTC


  • MacroStrategy, subsidiary of MicroStrategy, closed a $205 million bitcoin-collateralized loan from Silvergate Bank.
  • Through the Silvergate Exchange Network (SEN) Leverage program, the loan will be custodied through mutual-authorization between the two companies.
  • MicroStrategy currently holds 125,051 BTC, valued at $5,970,234,862 USD, and the SEN leverage program holds over $570 million in commitments for bitcoin-collateralized loans from institutions.

MacroStrategy LLC – subsidiary of trade analytics and business strategy company MicroStrategy which is well-known for their allocation to bitcoin – has recently closed on a $205 million bitcoin-collateralized loan purchased through the Silvergate Exchange Network (SEN) Leverage program operated by Silvergate Bank, per a press release from the two companies.

Leave A Reply

Your email address will not be published.