DCG: As of June, all short-term debts have been fully repaid, with only the $1.1 billion long-term notes from Genesis remaining
ChainCatcher news, according to The Block, Digital Currency Group (DCG) announced in its quarterly shareholder letter this week that as of June, the company has fully repaid its short-term debt, having repaid over $1 billion to creditors in the past 18 months. DCG stated that the only remaining debt is a $1.1 billion promissory note for its crypto lending division, Genesis, which is due in 2032.
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