POWERCOMPUTE, INC. 8K
0001193125-26-333965
View on SEC EDGARThe company entered into a new $18.1 million, 2.00% APR, BTC‑collateralized loan agreement with ChainFi, replacing a prior loan and granting ChainFi a first‑priority security interest with margin and liquidation provisions.
On August 3, 2026, US Digital Mining & Hosting Co entered into a new Loan and Security Agreement with ChainFi, Inc. (doing business as Arch Lending in some jurisdictions) under which ChainFi will provide a $18,127,131.88 amortized loan at a 2.00% annual percentage rate, secured by approximately 307.0003 BTC of digital asset collateral held at a designated depository; the agreement voids and replaces a previously signed loan with Loan ID 1001 7807 5293 8172, establishes an initial loan-to-value ratio of 92.54%, sets an initial one‑month term that auto-extends in one‑month periods absent notice, includes margin-call style LTV trigger and collateral liquidation mechanics, and grants ChainFi a first-priority security interest and broad remedies in the event of default or collateral value deterioration.
Filing Facts
- CIK
- 1640384
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001193125-26-333965
- Alert Tier
- 7