DCG has paid off all its short-term debt
2024-08-24 00:12:16
DCG this week quarterly shareholders letter announcement as of the companydesk3cryptocurrencydesktopCrypto News
DCG announced in its quarterly shareholder letter this week that it had fully repaid its short-term debt as of June. The company has repaid more than $1 billion to creditors over the past 18 months, particularly buoyed by strong results in the first half of the year. The company's only remaining debt is a $1.10 billion promissory note due in 2032, when its crypto lending arm Genesis will go bankrupt.
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