PowerCompute Sells 267.3 BTC to Repay Bitcoin-Backed Loan
- —267.3 of 307 BTC held as collateral were sold to repay Arch Lending
- —Repayment covered $21.89M principal, $118,582 interest and $440,122 fees
- —PowerCompute retains about 62 BTC worth $5.2M at $84,500
- —Debt cut from $19.4M on June 30 to $1.25M
Why it matters: The move marks a shift away from leveraged Bitcoin accumulation, highlighting the risks of corporate BTC treasury strategies when prices fall.
Source: Bitcoin Sistemi