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Bitcoinist
2023-03-09 08:42:01

Marathon Digital Pays Off Term Loan, Cuts Credit Facilities With Silvergate

Marathon Digital Pays Off Term Loan, Cuts Credit Facilities With Silvergate

Marathon Digital Holdings has announced the repayment of its term loan and the termination of its credit facilities with Silvergate Bank, resulting in a $50 million reduction of debt, according to a statement released on Wednesday. Hugh Gallagher, CFO of Marathon Digital, highlighted that the crypto market has “significantly changed” since last summer, when Marathon

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