on NFN8 Group (Cory Rodriguez)
NFN8 Group Reaches Debt-Free Status in 2024
In 2024, NFN8 Group made notable progress by fully paying off its $11 million debt to NYDIG. This marks a significant step in strengthening the company's financial health and supporting its growth strategy. The repayment was facilitated by strategic contracts from 2021 and 2022 with a Bitcoin manufacturer, leading to enhanced mining capabilities.
The company has now entered 2025 debt-free, except for its sale/leaseback clients, as stated by Josh Moore, CEO. This achievement allows NFN8 Group to focus on expanding its Bitcoin mining operations and enhancing its blockchain data centers.
NFN8 Group remains focused on providing innovative solutions and sustaining its impact on the blockchain industry. Its approach includes offering clients opportunities to expand their portfolios through Bitcoin mining.
R. H.
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