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DMG partners with Sygnum Bank to provide credit facilities

CointimeCointime2024/02/16 00:55
By:Cointime

Cryptocurrency technology company DMG Blockchain has announced a partnership with Swiss bank Sygnum Bank. As a strategic banking partner, Sygnum Bank will provide a credit line of $9 million (equivalent) to enhance DMG Blockchain's operational capacity before the expected Bitcoin halving in April 2024. The funds will mainly be used to purchase 4,550 T21 190TH/s Bitcoin miners from Bitmain Technologies, priced at $12,103,000 ($14/TH/s).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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