Bitfufu secures a $100 million credit line from Antpool Technologies

ChainCatcher news, according to Bitcoin.com, Singapore-based cloud mining service Bitfufu has secured a credit line of $100 million from Antpool Technologies to enhance its Bitcoin holdings. The two companies have signed a two-year Master Loan Agreement (MLA).

Under this arrangement, Bitfufu stated that it will have the opportunity to access $100 million in funding, which the company indicated will support general corporate purposes, such as potential acquisitions and the maintenance of Bitcoin reserves.