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Nalezeno "debt financing": 2
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...
Why Debt Financing May Be a Double-Edged Sword for Bitfarms
27.7.2020
BitFarms used high-interest-rate debt with large balloon payments to grow expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research