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An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan
By Liam 'Akiba' Wright at 2026-10-05 10:38
Sentiment: Negative
Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares. The post An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan appeared first on CryptoSlate. Continue reading...
Categories: Deals
Tags: #Deals #Debt #Featured #Investments #payments #regulation
Source CryptoSlate