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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.

Na-update May 9, 2023, 3:10 a.m. Nailathala Hul 27, 2020, 4:06 p.m. Isinalin ng AI
(Library of Congress)
(Library of Congress)