Loan

Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
May 10 is the final day customers will be allowed to take out new loans through the program.
Coinbase CEO Brian Armstrong (CoinDesk archives)

Michael Saylor, executive director, MicroStrategy (Marco Bello/Getty Images)
MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin
The company borrowed $205 million from Silvergate Bank last March.
Michael Saylor, executive director, MicroStrategy (Marco Bello/Getty Images)

Marathon Digital CEO Fred Thiel (CoinDesk)
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.
Marathon Digital CEO Fred Thiel (CoinDesk)

Microstrategy (MSTR) said it has no assets custodied with Silvergate Capital (SI) and is in no other way financially linked to the bank other than a commitment to repay a loan in 2025, the company said on Thursday.
MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate
The company did receive a $205 million loan from Silvergate in March 2022, but MicroStrategy said the loan terms wouldn’t change in case of insolvency.
Microstrategy (MSTR) said it has no assets custodied with Silvergate Capital (SI) and is in no other way financially linked to the bank other than a commitment to repay a loan in 2025, the company said on Thursday.

MakerDAO (Unsplash)
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank.
MakerDAO (Unsplash)

CDCROP: MicroStrategy Executive Director Michael Saylor (Joe Raedle/Getty Images)
MicroStrategy Has Raised $46.6M Through Share Sales Since September
The company also suggested further sale proceeds may be used to pay down debt.
CDCROP: MicroStrategy Executive Director Michael Saylor (Joe Raedle/Getty Images)

CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans last year, primarily mining rig-collateralized debt.
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Blockstream
Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining
The company will use the funds to expand its bitcoin mining facilities amid strong demand for hosting.
Blockstream

CoinDesk - Unknown
Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms BITF might have already or may in the future stop making installment payments on a 20 million loan from bankrupt crypto lender Block Fi effectively defaulting on the loan according to a press release As a result Bitfarms is looking to modify the loan The Hash panel breaks down the details of [...]
CoinDesk - Unknown

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Argo Blockchain Secures $20M Bitcoin-Backed Loan to Expand Texas Data Center
The loan agreement is for a six-month term and will be used to expand Argo’s West Texas data center.
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