PowerCompute uses 307 BTC to refinance $18M debt through Arch Lending

PowerCompute refinanced and consolidated $18 million of debt into a Bitcoin-backed credit facility from Arch Lending, pledging 307 BTC as collateral instead of selling treasury holdings. The move cuts its borrowing cost dramatically, with initial pricing around 2% APR versus roughly 12% on prior Liebel loans, while preserving upside exposure to Bitcoin. The facility renews every 30 days and resets pricing based on market conditions, but it also introduces collateral risk if BTC falls and additional posting is required. Market-wise, the deal underscores growing institutional adoption of Bitcoin-backed lending as miners and corporate treasuries seek liquidity without liquidating BTC. The refinancing strengthens PowerCompute’s capital structure as it expands into high-performance computing and AI infrastructure.