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%.

Read More at https://cointelegraph.com/news/bitcoin-collateral-cuts-powercompute-debt-rate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound