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,…
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,…
Source: https://crypto.news/powercompute-uses-307-btc-to-refinance-18m-debt-through-arch-lending/
