TechFlow news. According to investing.com, bitcoin custody service provider Applied Digital Corporation (formerly Applied Blockchain) has announced it has reached an agreement on a loan financing deal of up to $50 million, with a term of two years and an interest rate of 9.0%. The new capital injection will provide the company with additional liquidity and support the development of its Sai Computing AI Cloud platform and data centers, accelerating growth in high-performance computing digital infrastructure.
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