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MARA Secures $200 million Credit Line with BTC Collateral

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2024-10-16 02:32:33
On October 16, the bitcoin mining company MARA announced that it had obtained a $200 million credit line, using part of its BTC holdings as collateral.
It is estimated that MARA will need to pledge around 4,000 BTC as collateral for a $200 million credit facility.
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