PowerCompute, Inc. reported financial results for the three and six months ended June 30, 2026. Total revenue was $2.1 million, up 9.8% year-over-year, while the company mined 27.9 Bitcoin in Q2 at an average value of approximately $72,000. The company reported a net loss of approximately $4.6 million for the quarter, driven by fair market value adjustments on digital assets due to declining Bitcoin prices. Subsequent to the quarter end, PowerCompute refinanced $18 million of existing debt through a new facility with Arch Lending, utilizing 307 Bitcoin as collateral and reducing the interest rate from 12% to approximately 2% APR. The company also announced an expansion into high-performance computing and AI infrastructure via an agreement with Vast.ai. PowerCompute is a Bitcoin treasury and mining company expanding into high-performance computing and artificial intelligence infrastructure.
