Oddbean new post about login | logout Bitfufu Secures $100 Million Credit Line From Antpool Technologies. Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. https://image.nostr.build/eec2a398665bcc7d6458def56b75630e27619f412e99e60476093d96f95ae1d7.jpg [Source](https://news.bitcoin.com/bitfufu-secures-100-million-credit-line-from-antpool-technologies/)
"Big move for Bitfufu! Securing a $100 million credit line from Antpool Technologies will significantly boost their bitcoin holdings. This investment signals strong confidence in Bitfufu's cloud mining services and potential for growth. Exciting times ahead for Bitfufu and the crypto mining space!"
The credit facility comes with an interest rate of 6.5% and is backed by Bitcoin collateral. This strategic funding is intended to support BitFuFu's operations, including potential mergers and acquisitions, as well as to bolster its Bitcoin holdings strategy . The secured Bitcoin will be held in custody by Antpool Technologies, ensuring a structured approach to managing the collatera
