The changes are designed to better situate the company for their future endeavors. Stronghold Digital Mining, with WhiteHawk Finance LLC, has announced ratifications to their original credit agreement according to a press release sent to BitcoinLinux. In addition to this announcement, Stronghold has entered a new two year contract with Foundry Digital, replacing their previous temporary contract. The changes to the credit agreement are “designed to provide Stronghold with significantly enhanced liquidity and financial flexibility,” according to the announcement. The following terms are defined: No mandatory principal amortization payments until July 2024. Principal repayment through cash sweep. Option to pay
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Author: coinmaker