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Bitcoin mining firm Power Compute pledges 307 BTC to restructure $18 million debt
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BlockBeats News, August 6th, Bitcoin mining firm PowerCompute restructured three loans totaling $18 million through Arch Lending, using 307 BTC held in reserve as collateral, replacing previous loans from institutions such as Galaxy Digital.

The new financing utilizes a non-recourse, 30-day revolving structure with a current annualized interest rate of about 2%, lower than the 12% on some of the old loans, allowing the company to reduce interest expenses without selling Bitcoin.

Sumber: BlockBeats

Disclaimer: Konten ini berasal dari pihak lain atau diterjemahkan oleh AI dari pihak lain. CoinEx tidak menjamin konten ini benar, asli, atau akurat, dan tidak memberikan saran investasi. Harga aset kripto sangat tidak stabil, jadi harap berhati-hati terhadap risiko yang ada.

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