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

AI Summary Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%. fulltext: 138 chars | fulltext source: rss-fallback | summary method: extractive Original: https://cointelegraph.com/news/bitcoin-collateral-cuts-powercompute-debt-rate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Source: CoinTelegraph