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Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate

The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

Updated May 9, 2023, 4:10 a.m. Published Mar 8, 2023, 10:52 p.m.
Marathon Digital CEO Fred Thiel. (CoinDesk)
Marathon Digital CEO Fred Thiel. (CoinDesk)