PowerCompute's US Digital Mining and Hosting Subsidiary Repais ~$22.45M, Terminates Bitcoin-Backed Credit Facility With ChainFi
PowerCompute, Inc. (Nasdaq: PWCM) ("PowerCompute" or the "Company"), today announced that its wholly owned subsidiary, US Digital Mining and Hosting Co., LLC, has fully repaid and terminated its
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Why It Matters
PowerCompute paid back 22.45 million dollars to a lender. When a company pays debt early, it means they have enough cash.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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