Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit

Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North

Marathon’s plan initially, said Schumacher, had been to draw on the term loan to pay down the credit line, but the FTX collapse and resulting market uncertainty forced a rethink, with the company instead deciding it a better idea to deleverage its balance sheet.

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