⚠️ PowerCompute’s early reset of a 307 BTC collar added $3.765 million to its debt and raised the interest rate from 2% to 6.5%.

The next deadline is Sept. 24. If Bitcoin is at or above $93,500, the company could face another settlement of roughly $5.68 million.

https://cryptoslate.com/one-mid-tier-bitcoin-treasury-just-gambled-its-entire-btc-reserve-on-a-single-30-day-reset-price/

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