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Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms
source:
CoinDesk
2020. Jul. 27. 16:06
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.
Keywords
Markets
Bitcoin Mining
Bitfarms
debt financing
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