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Bitcoin Miner Bitfarms Looks to Amend BlockFi Loan, Warns of Default

Bitcoin miner Bitfarms (BITF) is looking to modify a $20 million loan from bankrupt crypto lender BlockFi, the firm said in a press release on Friday.

Bitfarms might have already or may in the future stop making instalment payments, effectively defaulting on the loan, thereby risking that BlockFi exercises its rights the collateral.

(By Eliza Gkritsi)

Bitcoin Bitcoin $98,481.79
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