Microstrategy, the world’s largest institutional Bitcoin (BTC) whale, stated that it has no financial relations with Silvergate (SI), which has bankruptcy concerns, except for the loan they took.
microstrategy March 2 on his official social media account. in his postdue with Silvergate in the first quarter of 2025 fill up credit a financial connection that there is no expressed. The company has also been shown as collateral for the loan received. Bitcoins at Silvergate not preserved underlined.
In his statement, there were various information about Silvergate’s financial situation in the markets. there are concerns Microstrategy states that in the event of the company’s bankruptcy, maturity of the loan or interest any details like that you can’t change He also assured his investors.
Microstrategy last year March per month Bitcoin investment from Silvergate in order to do 205 million in dollars credit had received. Saylor at that time, crypto money markets had not yet Bitcoin bonds ready not to get a loan best option had stated.