Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […]
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Bitcoin Stalls But Stocks Jump After Trump’s Japan Deal
U.S. President Donald Trump called it “the largest trade deal in history,” but Tuesday’s agreement with Japan didn’t elicit a...