Stronghold Pledges 5k Bitcoin Miners as Loan Collateral

Stronghold has pledged 5,000 bitcoin miners totaling 600 PH/s that it bought in December for $8.5 million as collateral of an existing term loan agreement, new filing shows. On Friday, the Pennsylvania-based power generation and bitcoin mining company said it amended for the third time a Credit Agreement with WhiteHawk Capital and other lenders on […]

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