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DCG has repaid all short-term debts
Bitget2024/08/24 01:23
DCG announced in this week's quarterly shareholder letter that the company has fully repaid its short-term debt as of June. Over the past 18 months, the company has repaid over $1 billion to creditors, particularly boosted by strong performance in the first half of this year. The only remaining debt of the company is a promissory note of $1.1 billion, due in 2032, at which time its crypto lending division Genesis will go bankrupt.
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