Bitfufu secures a $100 million credit line from Antpool Technologies
ChainCatcher news, according to Bitcoin.com, Singapore-based cloud mining service Bitfufu has secured a credit line of $100 million from Antpool Technologies to enhance its Bitcoin holdings. The two companies have signed a two-year Master Loan Agreement (MLA).
Under this arrangement, Bitfufu stated that it will have the opportunity to access $100 million in funding, which the company indicated will support general corporate purposes, such as potential acquisitions and the maintenance of Bitcoin reserves.
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