MicroStrategy, a enterprise intelligence agency and a significant Bitcoin (BTC) investor, is buying extra BTC amid the cryptocurrency market’s current rebound.

MicroStrategy co-founder and former CEO Michael Saylor introduced on Twitter on March 27 that the corporate has repaid its $205 million mortgage to Silvergate.

Citing a Kind 8-Okay filed with the US Securities and Trade Commission, Saylor emphasised that MicroStrategy repaid the Silvergate mortgage at a 22% low cost.

The corporate additionally acquired a sizeable stash of Bitcoin, shopping for 6,455 BTC for $150 million, or a median value of $23,238 per coin on March 23, the previous CEO stated. With the acquisition, MicroStrategy has elevated its complete Bitcoin holdings to 138,955 BTC, bought for $4.1 billion at a median value of $29,817 per coin, Saylor stated.

MicroStrategy has repaid its $205 million Silvergate mortgage at a reduction of twenty-two%. On 3/23/23, $MSTR acquired one other ~6,455 Bitcoins for ~$150M at a median of ~$23,238 per #Bitcoin and held ~138,955 BTC, which offered for ~$4.14B at a median of ~$29,817 per #Bitcoin Bitcoin had been acquired. https://t.co/ALp9VLkTpt

— Michael Saylor⚡️ (@saylor) March 27, 2023

That is an evolving story and extra info can be added because it turns into accessible.