BUSINESSAug 6 · 07:56 UTCCOINTELEGRAPHCointelegraph by Zoltan Vardai

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

Nasdaq-listed PowerCompute has refinanced $18 million of its debt. The company utilized a Bitcoin-backed facility to conduct the refinancing, which carries an initial interest rate of about 2%.

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