Marathon Digital is another Bitcoin miner with a significant debt burden. The company owes about $851 million, but the bulk is in convertible notes, which means its creditors can exchange it for shares in the firm. The company also
of investments in now-bankrupt Compute North. Still, unlike Core Scientific, Marathon is reportedly not in danger of going bankrupt.over the past year. Some were drawn against bitcoin and crypto holdings and have become difficult to service, with the prices of bitcoin and crypto declining significantly since the start of the year. Some now face the task of restructuring their loan agreements to avoid further financial turmoil.
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It should be at least double that, fingers crossed for next year
Wow, finally its game over 🤓
Ouch! 🥶🙆🏾♂️
antiprosynth sounds sound.... if You were in charge of my money, and you invested in bitcoin, I would no longer allow you to invest my money. Stop falling for the hype and do some actual research. Bitcoin is a broken project.
It’s all good, SBF will make sure they don’t go hungry this Xmas