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,&#8230;

PowerCompute has refinanced $18 million of existing debt into a Bitcoin-backed credit facility, using 307 BTC as collateral. This move aims to lower its borrowing costs while maintaining its Bitcoin treasury.

PowerCompute uses 307 BTC to refinance $18M debt through Arch Lending

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/loan-cash-bitcoin-1.jpg" alt="Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%" class="type:primaryImage"></p><p>Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%.</p>

PowerCompute, a Nasdaq-listed company, has refinanced $18 million of its debt using a Bitcoin-backed facility with an initial interest rate of approximately 2%.

Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%

نجحت PowerCompute في إعادة تمويل 18 مليون دولار من ديونها الحالية من خلال تسهيل مدعوم ببيتكوين، باستخدام 307 بيتكوين كضمان. يهدف هذا التحرك الاستراتيجي إلى تقليل تكاليف الاقتراض مع الحفاظ على خزينة البيتكوين الخاصة بها، مع معدل فائدة أولي يبلغ حوالي 2%.

PowerCompute ha refinanciado con éxito $18 millones de su deuda existente a través de un préstamo respaldado por Bitcoin, utilizando 307 BTC como garantía. Este movimiento estratégico tiene como objetivo reducir los costos de endeudamiento mientras se preserva su tesorería de Bitcoin, con un interés inicial de aproximadamente el 2%.

PowerCompute a réussi à refinancer 18 millions de dollars de sa dette existante grâce à un prêt garanti par Bitcoin, utilisant 307 BTC comme garantie. Ce mouvement stratégique vise à réduire les coûts d'emprunt tout en préservant son trésor Bitcoin, avec un taux d'intérêt initial d'environ 2%.

PowerCompute Refinances $18 Million Debt with Bitcoin-Backed Facility

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PowerCompute Refinances $18 Million Debt with Bitcoin-Backed Facility

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PowerCompute uses 307 BTC to refinance $18M debt through Arch Lending

Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%

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