August 3, 2026·Bearish·critical issue

PowerCompute's $18M BTC Loan Hits Unresolved Deadline

PowerCompute's $18.07 million Bitcoin loan, representing 97% of its BTC treasury, remained unresolved after the August 1 deadline. The four-day bridge loan's cutoff passed without any filing confirming refinancing, an extension, or default, leaving the company's financial status uncertain.

Detected & updated continuously · Source: Nebula

Mentioned

Bitcoin (btc)

Sources

@CryptoSlate

PowerCompute borrowed $18.07M—97% of its BTC treasury—on a four-day bridge. The Aug. 1 cutoff passed with no filing confirming refinancing, an extension, or default, leaving the unencumbered status of its 318.3 BTC unresolved. https://t.co/Bp1DXKdWKI