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News Stories (5 Results) - Cryptocurrency

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... Read Story

June 22, 2022, 08:02 AM

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... Read Story

February 25, 2022, 07:22 AM

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... Read Story

January 03, 2022, 08:00 AM

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... Read Story

November 22, 2021, 08:02 AM

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... Read Story

November 19, 2021, 07:55 AM