Recent Updates — PWCM
PowerCompute reported Bitcoin production of 7.9 BTC for August 2026, consistent with July levels due to seasonal heat-related curtailment at its Oklahoma and Mississippi facilities. The company generated approximately $132,000 in energy sales from curtailment, bringing total energy sales to roughly $223,000 over the prior two months. As of August 31, 2026, PowerCompute held 323 BTC valued at approximately $25.2 million, with 307 BTC pledged as collateral against an outstanding Arch credit facility balance of $21.9 million. The company is refreshing its mining fleet by ordering 1,000 new units to replace older hardware, expecting a hash rate increase to 825 PH/s by September 30, 2026. PowerCompute operates in the Bitcoin treasury and mining sector while expanding into high-performance computing and artificial intelligence infrastructure.
PowerCompute, Inc. refinanced approximately $18 million in existing debt through a new non-recourse, collared loan facility with Arch Lending. The transaction consolidates prior obligations from Galaxy Digital and SE/AJ Liebel into a single revolving credit line secured by 307 Bitcoin held in the company's treasury. The initial borrowing amount was $18,127.88, bearing an interest rate of 2.0% per annum, which significantly reduces costs compared to the previous 12% APR on the Liebel loans. The facility features a proprietary hedging structure with floor and ceiling prices that reset every 30 days, allowing the company to maintain its Bitcoin exposure while lowering liquidity risk. PowerCompute operates in the cryptocurrency mining and treasury management sector, expanding into high-performance computing and AI infrastructure.
PowerCompute, Inc. entered into a $18 million bridge loan transaction with Arch Lending to repay existing indebtedness to Galaxy Digital and DE & AJ Liebel Limited Partnership ahead of a anticipated secured term loan facility backed by the company's Bitcoin treasury. The bridge notes mature on July 31, 2026, bearing interest at the Applicable Federal Rate, with an expected extension upon execution of the term loan. Additionally, the company extended the maturity date of its $11,250,000 secured promissory note with Brown Family Enterprises to December 31, 2026. PowerCompute operates in the Bitcoin mining and digital asset hosting industry.