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Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle

The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.

Marathon Digital Holdings CEO Fred Thiel at the Bitcoin 2022 conference in Miami. (CoinDesk archives)
Marathon Digital Holdings CEO Fred Thiel at the Bitcoin 2022 conference in Miami. (CoinDesk archives)