PowerCompute (PWCM) cuts debt cost with $18.1M Bitcoin-backed facility
PowerCompute (PWCM) has secured an $18.1 million Bitcoin-backed facility aimed at reducing its cost of debt. The announcement indicates the company is using Bitcoin collateral as part of its financing strategy.
Stock Titan
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Aug 10, 2026 at 12:34 PM UTC · 9 Min. Lesezeit

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Kernpunkte
- PowerCompute announced an $18.1 million Bitcoin-backed financing facility.
- The facility is intended to lower the company’s debt costs.
- Bitcoin is being used as collateral in the transaction.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Explanatory Note
This Amendment No. 1 on Form 8-K/A (this “Form 8-K/A”) is an amendment to the Current Report on Form 8-K of PowerCompute, Inc. (the “Company”) filed on August 5, 2026 (the “Original Form 8-K”). The Original Form 8-K inadvertently incorrectly stated that the aggregate amount borrowed was “$18,127.88,” when it should have instead stated “$18,127,131.88.” This Form 8-K/A amends Item 2.03 of the Original Form 8-K and is being filed solely to correct this number. Except as stated herein, all other information in the Original Report remains unchanged.
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