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MicroStrategy Takes Out $205M Bitcoin-Backed Loan to Buy More Bitcoin

A subsidiary of Michael Saylor’s MicroStrategy is leveraging its Bitcoin to buy more Bitcoin with a $205 million loan from Silvergate Bank.

MicroStrategy Takes Out $205M Bitcoin-Backed Loan to Buy More Bitcoin
A subsidiary of Michael Saylor’s MicroStrategy is leveraging its Bitcoin to buy more Bitcoin with a $205 million loan from Silvergate Bank.

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