debt financing

Business

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.

By Michael Bellusci

Sponsored

Nov 3, 2022 at 3:09 p.m. UTC

Nov 3, 2022

Iris Energydebt financingMiningAnalyst Ratings

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Business

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.

By Stephen Alpher

Sponsored

Nov 1, 2022 at 9:16 p.m. UTC

Nov 1, 2022

Stronghold Digital MiningStronghold DigitalBitcoin MiningNYDIGdebt financing

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Business

Hack

Recently Hacked Exchange Liquid Global Secures $120M Loan From FTX

Liquid Global lost $90 million in the cyberattack.

By Tanzeel Akhtar

Sponsored

Aug 25, 2021 at 4:25 p.m. UTC

Aug 25, 2021

HackLiquidCrypto ExchangeFTXdebt financing

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Business

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.

By Matt Yamamoto

Sponsored

Jul 27, 2020 at 4:06 p.m. UTC

Jul 27, 2020

Bitcoin MiningBitfarmsdebt financing

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