Crypto Economy News Agency
3 hours agoCrypto Economy
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PowerCompute Refinances $18M Debt at 2% With Bitcoin

PowerCompute Refinances $18M Debt at 2% With Bitcoin

PowerCompute said that it refinanced and consolidated three existing debt facilities totaling $18 million through a new Arch Lending facility backed by 307 Bitcoin. The agreement replaces loans used for facilities in Oklahoma and Mississippi, making Bitcoin collateral the centerpiece of a lower-cost balance-sheet reset.

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