PowerCompute Mines 8.1 Bitcoin in September After Using BTC to Cut Debt
Key Highlights: PowerCompute liquidated 267.4 BTC to settle principal and accrued interest on an Arch credit facility, eliminating approximately $22.45 million in debt. The miner’s corporate Bitcoin treasury dropped from 323.02 BTC in August to 63.7 BTC by the end of September. Operational output ticked upward to 8.1 BTC in September, complemented by $89,000 in ...