Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin

Bitcoin miner Marathon Digital Holdings said it has secured a $200 million line of credit from an undisclosed lender, according to an Oct. 15 statement. According to the company, the credit facility is backed by a portion of its Bitcoin holdings and will be used to seize strategic opportunities and support general corporate initiatives. Marathon […] source: https://cryptoslate.com/marathon-digital-explores-strategic-growth-with-200-million-loan-collateralized-with-bitcoin/