Sixty-Six Capital has secured short-term financing of USDC 2 million from K33 Holding. The loan carries an annual interest rate of 6.95% and matures on September 30, 2026.
The proceeds will be used to purchase approximately 24.90273595 bitcoin.
K33 is authorized to sell the purchased BTC to cover both the principal and accrued interest if Sixty-Six Capital fails to repay the loan at maturity.
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