PowerCompute uses 307 BTC as collateral to complete a $18 million debt refinancing
2026-08-06 12:47:47
According to CoinMeta, PowerCompute has completed a $18 million debt refinancing, using 307 BTC as collateral to replace the previous $11 million loan from Galaxy Digital, a $5 million loan for a facility in Oklahoma, and a $2 million loan for a facility in Mississippi. This financing will be used to drive PowerCompute's expansion from Bitcoin mining to high-performance computing and AI infrastructure areas.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.