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Bitcoin Miner Greenidge Generation Cuts NYDIG Debt 78% to US$17 Million

Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has restructured more of its debt to investment management service provider NYDIG and investment bank B. Riley Commercial Capital, the company announced on Tuesday. According to the statement, Greenidge also agreed to restructure another US$11 million owed to B. Riley, reducing its cash obligations to about US$9 million. (forkast)

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