Financing ·
On August 25, 2026, PowerCompute, Inc.'s subsidiary US Digital Mining and Hosting Co, LLC entered into a new…
LMFALM Funding America, Inc.
On August 25, 2026, PowerCompute, Inc.'s subsidiary US Digital Mining and Hosting Co, LLC entered into a new non-recourse loan facility with Arch Lending. The company borrowed $21,892,131.88 secured by 307 Bitcoin at an interest rate of 6.5% per annum. Approximately $18.1 million of the proceeds were used to repay a previous loan from August 3, 2026, while the remaining $3.765 million funded the collar feature of that prior debt. The new facility is a 30-day collared loan with automatic rollover capabilities, featuring a floor price of $71,112 per Bitcoin, a ceiling of $75,000, and a barrier price of $93,500 for the initial period. PowerCompute operates in the cryptocurrency mining and hosting industry.