MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate

Macrostrategy, Microstrategy’s subsidiary that handles its bitcoin purchases and holdings, received a $205 million loan from Silvergate Bank in March 2022 through its Silvergate Exchange Network (SEN) Leverage program. The loan is due in the first quarter of 2025 and that timing will not change, the company wrote in its tweet.