Fortitude Mining Secures $50 Million Credit Line from DCG
Digital Currency Group (DCG) has increased the credit facility for its subsidiary, Fortitude Mining, from $26 million to $50 million, adding $24 million in new commitments. Fortitude Mining currently has approximately $31 million in available borrowing, which is expected to be issued in ZEC to fund the purchase of 9,000 Zcash ASIC miners and capital expenditures for data centers and power infrastructure.
Summaries are written by AI from the original article. Not investment advice.