The bridge allowed payment through Aug. 1, while the proposed Arch facility's BTC amount, LTV and liquidation terms remained undisclosed. The post Bitcoin miner gambles on a 4-day bridge loan equal to 97% of its BTC treasury value – the deadline passed without in total silence appeared first on...
Source: [CryptoSlate](https://cryptoslate.com/bitcoin-miner-gambles-97-of-its-btc-treasury-value-on-a-4-day-bridge-loan-the-deadline-passed-in-total-silence/)