Bitcoin mining company Greenidge has reached a debt restructuring agreement with NYDIG for approximately $74 million
ChainCatcher news, Bitcoin mining company Greenidge Generation (GREE) has signed a non-binding term sheet with its lender NYDIG to restructure $74.7 million in debt. According to the agreement, NYDIG will purchase Greenidge's Bitcoin mining machines with a hash rate of 2.8 EH/s, and NYDIG will agree to reduce the debt by approximately $57 million to $68 million. (source link)
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