CryptoBullishThe Block · 4h ago6/10
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Bit Digital extends $100 million loan facility to WhiteFiber, backed by Ethereum credit line
Bit Digital has extended a $100 million loan facility to WhiteFiber, with advances funded through an Ethereum-denominated secured credit line. This structure allows Bit Digital to maintain ETH exposure while providing liquidity, representing a notable integration of cryptocurrency collateral in traditional corporate lending arrangements.
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