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Benzinga
Benzinga
Business
Adam Eckert

Why Bitcoin-Related Stock Voyager Digital Is Plunging

Voyager Digital Ltd (OTCQX:VYGVF) shares are falling Wednesday after the company revealed significant exposure to Three Arrows Capital (3AC) and announced a loan agreement with Sam Bankman-Fried’s Alameda.

Voyager said it may issue a notice of default to 3AC for failure to repay its loan. Voyager's exposure to 3AC consists of 15,250 Bitcoin (CRYPTO: BTC) and $350 million USDC. 

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