Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13 statement, the BTC said $142 million in cash deposits at the bank and has access to the funds for treasury purposes. Besides that, Marathon said it…
Marathon Digital invested over $30 million in bankrupt Compute North
Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, according to an Oct. 6 press statement. The press release further stated that the BTC miner paid $50 million to Compute North as operating deposits. The…