Marathon Digital said it has repaid a term loan and terminated its credit facilities with Silvergate Bank, according to a press release published on March 8.
The crypto mining firm said that this will reduce its debt by $50 million and increase its unrestricted Bitcoin holdings by an additional 3,132 BTC.
Silvergate Bank announced today that it will halt its operations and undergo liquidation.
The post Marathon says it has repaid Silvergate loan, terminated credit facility appeared first on CryptoSlate.
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