Monday, 27 July 2020

Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms

https://ift.tt/eA8V8J

BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research.

via CoinDesk https://www.coindesk.com/why-debt-financing-may-be-a-double-edged-sword-for-bitfarms

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