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the deal if executed would essentially restructure the company into a hosting firm for Bitcoin mining weeks according to a new filing with the U.S Securities and Exchange Commission on December 20 Bitcoin BTC minor Greenwich stated that it docHubed an agreement with its creditor fintech firm nydig to restructure approximately 74 Million worth of debt the deal in the form of a non-binding term sheet would result in a major change to Greenwich current business strategy essentially it would transform Greenwich from self-mining to hosting for nydigs mining rigs under the conditions nydig would purchase minus with approximately 2.8 hexahash per second DHS of mining capacity to be hosted by greenage which will facilitate nydig rights to a mining site within three months following the completion of debt restructuring and hosting agreements in exchange for consideration amounting to the purchase Miners and transfer of mining infrastructure and credits to nydig The Firm would agree to a 57 mil
