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Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.

Crypto miners face margin calls, defaults as debt comes due in bear market. (Andrew Khoroshavin/Pixabay)
Crypto miners face margin calls, defaults as debt comes due in bear market. (Andrew Khoroshavin/Pixabay)