Story thread · 3 reports / 3 sources
PowerCompute uses 307 BTC to refinance $18M debt through Arch Lending
crypto.news · 5d
PowerCompute has refinanced and consolidated $18 million of existing debt into a Bitcoin-backed credit facility using 307 BTC as collateral, lowering its borrowing cost while keeping its Bitcoin treasury intact. According to a press release issued by PowerCompute on Wednesday,…
First report: PowerCompute refinances $18M debt with bitcoin-backed credit facility: shares down — seekingalpha.com, 6d
The coverage
- Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
cointelegraph.com · 5d
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