U.S-listed bitcoin mining colocation provider Applied Digital has issued an unsecured promissory note to borrow up to $20 million with an effective annualized cost of debt of at least 25%. Applied Digital, a major colocation provider for Marathon, said in an SEC filing on Tuesday that the loan was issued on Jan. 30, which matures […]
The post Bitcoin Miner Host Applied Digital Secures $20M Loan with 25% Annualized Cost appeared first on TheMinerMag.
