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The company borrowed $ million from Silvergate Bank last March. He originally purchased $mm in Bitcoin from cash on his balance sheet. He has since borrowed $1,,, at%.So his total. Michael Saylor's MicroStrategy Spends $ Million to Add to Bitcoin Stockpile. MicroStrategy started buying Bitcoin in , and has ramped up.

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Text to speech. Learn more about Consensus , CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. A study by KIS Finance revealed that two out of three cryptocurrency investors borrowed money to purchase rather than using income and savings.