invoices

According to reports, Marathon Digital, a Bitcoin miner, said that the company could use the $142 million cash deposit of Signature Bank. The company said in a statement that it could manage these funds and pay invoices in the normal course of business. Marathon also confirmed that the company has no direct business relationship with Silicon Valley Bank. Last week, Marathon said that he had repaid the term loan of Silvergate Bank and ended the credit arrangement with the bank. According to the previous news, the US federal banking regulator has promised to return all deposits of Silicon Valley Bank and Signature Bank customers. （The Block） Marathon Digital: $142 million of cash deposited in Signature Bank has been available Analysis based on this information:Marathon Digital, a prominent Bitcoin miner, has recently announced that it may utilize its $142 cash deposit from Signature Bank to pay for invoices in the normal course of business. The company expressed confidence in its ability…