Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin
CAT
1 min read
Bitcoin miner Marathon Digital Holdings said it has secured a $200 million line of credit from an undisclosed lender, according to an Oct. 15 statement. According to the company, the credit facility is backed by a portion of its Bitcoin holdings and will be used to seize strategic opportunities and support general corporate initiatives. Marathon […]
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Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin
