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LM FUNDING AMERICA, INC.
POWERCOMPUTE, INC.
On August 25, 2026, PowerCompute, Inc. entered into a $21,892,131.88 Bitcoin-collateralized loan agreement with ChainFi Inc. The loan is secured by 307 Bitcoin, carries a 6.5% annual interest rate, and was used to repay a previous August 3 loan and fund collar features. The facility automatically rolls over every 30 days, with terms reset based on market conditions.…more
LM FUNDING AMERICA, INC.
POWERCOMPUTE, INC.
As of July 31, 2026, PowerCompute held 315.1 BTC valued at approximately $20.2 million, having mined 7.9 BTC and generated $91,000 in energy sales revenue during the month. Additionally, the company refinanced and consolidated approximately $18 million in debt into a single facility with Arch Lending, utilizing its Bitcoin holdings as collateral.…more
LM FUNDING AMERICA, INC.
POWERCOMPUTE, INC.
Intracoastal Capital, LLC filed an amended Schedule 13G on August 13, 2026, regarding its beneficial ownership in Powercompute, Inc. This filing serves to update the status of the investor's equity holdings and confirms their position as a significant shareholder in the company.…more
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