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debt financing

(Eliza Gkritsi/CoinDesk)
Finance
Bankprov
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans last year, primarily mining rig-collateralized debt.
(Eliza Gkritsi/CoinDesk)
By Eliza Gkritsi
Jan 31, 2023 at 1:33 p.m. UTC
Jan 31, 2023
BankProvMiningDebtLoandebt financing
Bitcoin miners (Shutterstock)
Finance
Iris energy
Compass Point Analyst Defends Bitcoin Miner Iris Energy
Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.
Bitcoin miners (Shutterstock)
By Michael Bellusci
Nov 3, 2022 at 3:09 p.m. UTC
Nov 3, 2022
Iris Energydebt financingMiningAnalyst Ratings
Stronghold runs a coal refuse facility in Pennsylvania. (Stronghold Digital Mining)
Finance
Stronghold digital mining
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt.
Stronghold runs a coal refuse facility in Pennsylvania. (Stronghold Digital Mining)
By Stephen Alpher
Nov 1, 2022 at 9:16 p.m. UTC
Nov 1, 2022
Stronghold Digital MiningStronghold DigitalBitcoin MiningNYDIGdebt financing
Crypto Mining Data Center Provider Compute North Raises $385M
Video
Cdtv
Crypto Mining Data Center Provider Compute North Raises $385M
Compute North, which provides sustainable infrastructure for crypto mining, has closed a $385 million round that includes a Series C fundraise and debt financing. “The Hash” t...
Crypto Mining Data Center Provider Compute North Raises $385M
By CoinDesk Staff
Feb 9, 2022 at 8:02 p.m. UTC
Feb 9, 2022
cdtvHash clipCrypto-MiningsustainabilityCompute Northglobal crypto industrySeries Cdebt financing
water, liquid
Finance
Hack
Recently Hacked Exchange Liquid Global Secures $120M Loan From FTX
Liquid Global lost $90 million in the cyberattack.
water, liquid
By Tanzeel Akhtar
Aug 25, 2021 at 4:25 p.m. UTC
Aug 25, 2021
HackLiquidCrypto ExchangeFTXdebt financing
(Library of Congress)
Finance
Bitcoin mining
Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms
BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research.
(Library of Congress)
By Matt Yamamoto
Jul 27, 2020 at 4:06 p.m. UTC
Jul 27, 2020
Bitcoin MiningBitfarmsdebt financing