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Nalezeno "Galaxy Digital": 363

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm


Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with...

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