One mid-tier Bitcoin treasury just gambled its entire BTC reserve on a single 30-day reset price

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PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involving 307 BTC. The new 30-day loan balance stands at $21.89 million, up from $18.13 million, with the annual interest rate rising from 2% to 6.5%. The new mechanism sets a floor of $71,112, a ceiling of $75,000, and a knock-in barrier of $93,500. A conditional settlement of $5.68 million applies only if the reference price reaches or exceeds $93,500 on September 24, when the next test occurs.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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