The information set forth below in Item 8.01 of this Current Report on Form 8-K under the caption “Voluntary Prepayment of Silvergate Loan” is incorporated herein by reference. The Credit Agreement with Silvergate Bank
Highlights
- The information set forth below in Item 8.01 of this Current Report on Form 8-K under the caption “Voluntary Prepayment of Silvergate Loan” is incorporated herein by reference.
- The Credit Agreement with Silvergate Bank (Silvergate) with MacroStrategy LLC (“MacroStrategy”), a wholly-owned subsidiary of MicroStrategy Incorporated (the “Company” or “MicroStrategy) entered into a Credit and Security Agreement (the Credit Agreement’s Credit Agreement) on March 23, 2022, and the Credit Agreement was terminated.
- As of March 24, 2023, the floating rate equaled 8.27%.
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