debt financing

(Eliza Gkritsi/CoinDesk)
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)

Bitcoin miners (Shutterstock)
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)

Stronghold runs a coal refuse facility in Pennsylvania. (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)

Crypto Mining Data Center Provider Compute North Raises $385M
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

shutterstock_153938573
Recently Hacked Exchange Liquid Global Secures $120M Loan From FTX
Liquid Global lost $90 million in the cyberattack.
shutterstock_153938573

(Library of Congress)
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)