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PowerCompute's US Digital Mining and Hosting Subsidiary Repais ~$22.45M, Terminates Bitcoin-Backed Credit Facility With ChainFi

Benzinga·09/30/2026 12:34:08
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PowerCompute, Inc. (Nasdaq: PWCM) ("PowerCompute" or the "Company"), today announced that its wholly owned subsidiary, US Digital Mining and Hosting Co., LLC, has fully repaid and terminated its Bitcoin-backed credit facility with ChainFi, Inc. d/b/a Arch Lending, satisfying approximately $22.45 million of obligations and releasing all remaining Bitcoin collateral. No Bitcoin remains pledged.