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 Could Benefit From A Global Debt Reckoning, Bitwise Argues
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitwise is looking past Bitcoin’s recent slide...
