GRIID Secures a $525 million Loan from blockchain.com

Key points:

  • GRIID is a bitcoin mining firm based in Ohio and Blockchain.com is one of the longest running crypto platforms

  • GRIID announced that they a $525 million credit facility from blockchain.com

The four-year term credit facility will assist GRIID in extending its proven execution capabilities to greater scale, bringing on additional mining capacity, and capitalizing on over 1,300 megawatts of available power from existing energy generation partners.

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