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DCG: As of June, all short-term debts have been fully repaid, with only the $1.1 billion long-term notes from Genesis remaining

2024-08-24 15:56:38
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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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