PowerCompute uses 307 BTC to refinance $18M debt through Arch Lending
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...
Tag : 18M
Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%. Nasdaq-listed Bitcoin mining company PowerCompute has...
Blockaid uncovers $18M exploit that forces Ostium trading halt
Ostium has halted trading after an exploit tied to a compromised oracle signer key drained nearly $18 million USDC from its liquidity vault, according to...