PowerCompute Refinances $18M Debt With 307 BTC Collateral at 2% APR
PowerCompute refinanced $18 million of debt with a Bitcoin-backed loan from Arch Lending, pledging 307 BTC as collateral to cut borrowing costs to about 2% APR while keeping its treasury coins intact. Smart move — but the 30-day reset and BTC volatility keep the risk very real.
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