PowerCompute Faces $18M Loan Maturity with Zero Margin Calls Until September
PowerCompute is facing its first monthly decision on September 2 when an $18.13 million loan from Arch Lending reaches the end of its initial 30-day period. The Bitcoin treasury and mining company refinanced three existing facilities into a collar loan at an initial 2% annual rate, avoiding an immediate sale of the coins but accepting a recurring repricing and settlement clock.
The collateral is 307 pledged BTC with a current LTV of 92.33%. A Reset Confirmation sets an 8:00 a.m. EST reference-price check against a $58,860 floor and $66,370 ceiling. PowerCompute then has until 5:00 p.m. EST to accept a new quote or close out.
The collar loan structure provides central protection and risk. Price and LTV moves during the initial period trigger no margin call or liquidation, even if Bitcoin crosses either strike before September 2. The pressure is shifted from daily price moves to a monthly financing choice.