$600M BTC-collateralized credit facilities
Company: Marathon Digital
The claim, verbatim
MARA pledged 18,750 BTC as initial collateral for two credit facilities providing $600 million in new borrowing in August, with Coinbase Credit and Two Prime Lending.
Source (primary)
MARA Moves 1,000 BTC ($82.8M) to Binance and Gate - FinanceFeeds (-, news_article)
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Quote: “MARA also pledged 18,750 BTC as initial collateral for two credit facilities providing $600 million in new borrowing in August, involving Coinbase Credit and Two Prime Lending.”
How we checked this
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Additional evidence
confirms MARA Moves 1,000 BTC ($82.8M) to Binance and Gate - FinanceFeeds
Quote: “MARA also pledged 18,750 BTC as initial collateral for two credit facilities providing $600 million in new borrowing in August, involving Coinbase Credit and Two Prime Lending.”