
MicroStrategy said that it secured a $205 million loan from Silvergate Bank last year, and there’s no rush to prepay until Q1 2022, even in the case of possible insolvency.
Largest independent publicly-traded business intelligence company, with the leading enterprise analytics platform, enabling intelligence everywhere.
MicroStrategy Incorporated is a company that provides business intelligence (BI), mobile software, and cloud-based services.
Founded in 1989 by Michael J. Saylor and Sanju Bansal, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP AG Business Objects, IBM Cognos, and Oracle Corporation’s BI Platform.
MicroStrategy said that it secured a $205 million loan from Silvergate Bank last year, and there’s no rush to prepay until Q1 2022, even in the case of possible insolvency.
The Coinbase stock has rallied by more than 142% year-to-date as of Thursday’s closing. Stocks of several crypto firms witnessed a healthy recovery last month.
The digital currency ecosystem is a very volatile one, and what seems to constitute the basis for the current growth trend today may not necessarily be fueling the market momentum tomorrow.