Previous close | 248.26 |
Open | 257.80 |
Bid | 283.01 x 1000 |
Ask | 285.40 x 900 |
Day's range | 255.45 - 285.42 |
52-week range | 132.56 - 508.57 |
Volume | |
Avg. volume | 714,561 |
Market cap | 3.277B |
Beta (5Y monthly) | 2.40 |
PE ratio (TTM) | N/A |
EPS (TTM) | -134.88 |
Earnings date | 01 May 2023 - 05 May 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 280.00 |
The Bitcoin-savvy software giant faced unexpected financial challenges due to Silvergate's banking collapse. Yet this surprising turn of events may not have been all doom and gloom.
(Bloomberg) -- MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrency. Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After
The company in March 2022 had borrowed $205 million from Silvergate Bank.