DMG Blockchain Solutions, a vertically integrated blockchain and cryptocurrency technology company, established a relationship with Sygnum Bank, a Swiss bank specialized in servicing crypto-native companies, as a strategic banking partner providing...
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February 19, 2024, 07:41 AM
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Celsius Network has successfully emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization (the “Plan”). The Plan was overwhelmingly approved by approximately 98% of the Company’s account holders and confirmed...
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February 02, 2024, 07:50 AM
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Chicago Atlantic funded a $16 million senior secured term loan to Margo, a cryptocurrency ATM operator that provides a secure and convenient way to instantly turn cash into digital currency.Chicago Atlantic’s capital investment will help support...
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December 27, 2023, 07:12 AM
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FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors, announced the filing of its initial Plan of Reorganization and related Term Sheet with the U.S. Bankruptcy Court. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer...
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August 01, 2023, 07:54 AM
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Hut 8 Mining Corp., one of North America's largest, innovation-focused digital asset mining pioneers, and high performance computing infrastructure provider, announced that, together with its subsidiary, Hut 8 Holdings Inc. (the "Borrower"), it has...
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Core Scientific, a leader in high-performance blockchain computing data centers announced that, after a comprehensive review of potential alternatives and exhaustive discussions with various Company stakeholders, the Company expects to enter into a...
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December 21, 2022, 07:46 AM
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BlockFi, a global crypto financial services company, signed a term sheet with FTX to secure a USD$250 million revolving line of credit providing BlockFi with access to further capital. The proceeds of the credit facility are intended to be...
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Bitfarms, a global Bitcoin self-mining company, entered into a $32 million equipment financing agreement.“This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining...
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February 25, 2022, 07:22 AM
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Bitfarms Ltd., a global Bitcoin self-mining company, secured a $100 million credit facility with Galaxy Digital LLC backed by Bitcoin (BTC).“Bitcoin mining is a highly capital-intensive industry. We seek to strike a balance between maximizing...
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January 03, 2022, 08:00 AM
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GRIID Infrastructure, a vertically-integrated bitcoin self-miner, secured a $525 million credit facility from Blockchain.com, one of the world's oldest and most trusted cryptocurrency platforms with over $5 billion in loan originations. GRIID...
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November 22, 2021, 08:02 AM
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Digital Currency Group (DCG) completed a debt capital raise providing a credit facility up to $600 million. Eldridge led and served as administrative agent of the credit facility, which includes a syndicate of institutional lenders and funds managed...
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November 19, 2021, 07:55 AM
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