Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IJLIMD3V2JAXPJUHLN7J5VXNMI.jpg)
Sponsored
Nov 14, 2022 at 10:56 p.m. UTC
Nov 14, 2022
debt
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5PVVPRTZRNBE5IG6CTHHPWYNVE.jpg)
Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto market downturn.
Sponsored
Nov 14, 2022 at 5:52 p.m. UTC
Nov 14, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SGJJQRLIIFB7TFT32BBCQBDP4Q.jpg)
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
Sponsored
Nov 7, 2022 at 4:54 p.m. UTC
Nov 7, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KVVLXMVGPVDA3LA6GKWNPAO2GA.jpg)
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
The company last week warned it may have to explore bankruptcy as its financial condition worsens.
Sponsored
Nov 1, 2022 at 3:58 p.m. UTC
Nov 1, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/I47EFBFZMBHDFAISUYQH3QMDT4.jpg)
DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave
Clave will use the pool to originate loans to Latin American businesses and consumers.
Sponsored
Nov 1, 2022 at 3:28 p.m. UTC
Nov 1, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VEAAKSX5DRFQDDT764LIWH4E4E.jpg)
Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt
The Dubai-based exchange said it sees the investment as a means to expand into the Korean market.
Sponsored
Oct 24, 2022 at 4:06 p.m. UTC
Oct 24, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LHZS6KB3KBDSJNWW4LNBGI4YSM.png)
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.
Sponsored
Oct 14, 2022 at 11:02 a.m. UTC
Oct 14, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IKEYUBTQ2VB35IUTKDPOB6OS6E.jpg)
What Credit Suisse and Three Arrows Capital Have in Common
One of the world’s most embarrassingly bad banks is tanking – and some of its biggest missteps will look all too familiar to crypto financiers.
Sponsored
Oct 12, 2022 at 4:05 p.m. UTC
Oct 12, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PJTR3KRDWJCRVE3QREM6KUOK7A.png)
Crypto Update | Markets Hopeful as UK Central Bank Turns Easy Money Back On
With bitcoin rising above $20K as risky assets climb on hopes central banks will pivot away from money-tightening policies, plus a look at the irony of student loan debt and NFTs, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Sponsored
Oct 4, 2022 at 3:21 p.m. UTC
Oct 4, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/34YY5UD57RAOXMVZFLLY5ZBWRA.png)
Will the Debt Crush Powell’s Volker Dreams?
An argument for why Federal Reserve chief Jerome Powell can’t repeat the actions of Paul Volker in the 1980s.
Sponsored
Sep 25, 2022 at 1:00 p.m. UTC
Sep 25, 2022