POWERCOMPUTE, INC. 8K
0001193125-26-341362
View on SEC EDGARUS Digital Mining & Hosting Co entered into a new approximately $18.13 million, 2.00%-APR secured loan agreement with ChainFi, Inc., replacing a prior loan and pledging about 307 BTC as collateral at a 92.54% LTV, with detailed terms for repayment, collateral maintenance, and default.
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 certain jurisdictions), providing for an amortized secured loan with an amount financed of approximately $18.13 million at a 2.00% annual percentage rate, secured by an estimated 307.0003 BTC of digital asset collateral at an original loan‑to‑value ratio of 92.54%. The agreement specifies that execution of this new loan (Loan ID: 1001 7807 5293 8745) voids and replaces a previously signed loan agreement (Loan ID: 1001 7807 5293 8172) as of the signing date, and includes detailed terms on interest accrual, repayment (including a one‑month initial term with automatic one‑month renewals absent notice), collateral maintenance and liquidation triggers, optional rollover/extension mechanics, default provisions, and the lender’s first‑priority security interest in the pledged digital assets.
Filing Facts
- CIK
- 1640384
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001193125-26-341362
- Alert Tier
- 7