Debt


Finance

Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s

Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).  (Stronghold Digital Mining)

Markets

Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche

DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.

(Danny Nelson/CoinDesk)

Finance

Bitcoin Miner BitNile Pulls 6,500 Rigs From Former Compute North Site

The company signed a hosting deal in August with now-bankrupt Compute North for a site that is now managed by USBTC.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Finance

Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt

The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.

A bitfarms mining site in Washington. (CoinDesk)

Finance

Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt

The company also signed a two-year hosting agreement with Foundry.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

Markets

DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy

More than 18 million tokens to be burned after the demand for the recovery tokens saw prices surge to as much as $113.

(CraigRJD/Getty)

Markets

Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.

Wikimedia Commons

Finance

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miner TeraWulf Restructures Debt

A slew of mining firms have restructured their debt loads while others are facing bankruptcy.

Equipamiento para la minería de bitcoin. (Shutterstock)

Finance

Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt

The deal with investment bank B. Riley includes a share sale and some additional time for repayments.

The Greenidge Generation facility in Dresden, New York. (CoinDesk)

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