debt financing


Finance

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)

Finance

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.

Equipamiento para la minería de bitcoin. (Shutterstock)

Finance

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)

Videos

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” team discusses what this means for bitcoin mining and the crypto industry at large.

CoinDesk placeholder image

Finance

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

Liquid Global lost $90 million in the cyberattack.

shutterstock_153938573

Finance

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)

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