debt
confidence high
sentiment positive
materiality 0.65
PowerCompute refinances $18M debt with Arch Lending at ~2% APR, using 307 BTC collateral
LM FUNDING AMERICA, INC.
- Borrowed $18,127,131.88 on Aug 3, 2026 via non-recourse, collared 30-day rolling loan secured by 307 Bitcoin.
- Refinances three prior loans: $11M Galaxy Digital, $5M and $2M from SE and AJ Liebel (total ~$18M).
- Interest rate ~2% APR vs 12% on prior Liebel loans, substantially lowering cost of debt.
- Loan rolls over every 30 days with re-set rates/floors; proceeds paid off July 27 bridge loans.
- Company retains Bitcoin exposure and avoids selling holdings, supporting HPC/AI growth strategy.