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Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company, has secured a $200 million line of credit from an unnamed lender. The loan is collateralized by a portion of the company's Bitcoin holdings and is intended to support strategic investments and general corporate purposes. This move comes amid rising energy prospects, as noted by Morgan Stanley, which has encouraged Chief Investment Officers to explore Bitcoin mining stocks.
#ICYMI: Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin Read the full article 👇 https://t.co/N2lm88Et01 https://t.co/EPRv6PMoVh
Marathon Digital Holdings secures a $200M credit line, backed by a portion of its #Bitcoin holdings, to fuel strategic growth. https://t.co/JrOK4mWycy
NEW: #Bitcoin miner Marathon Digital Holdings has obtained a 💵 $200M credit line from an unnamed lender. The loan is secured by a portion of the company's Bitcoin holdings and will be used for strategic investments and general corporate purposes. https://t.co/isf6W1Yex0
