NewsLayer

Install NewsLayer

Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.

NewsLayer.com

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

Publisher

Aug 10, 2026 at 12:34 PM UTC · 9 phút đọc

PowerCompute (PWCM) cuts debt cost with $18.1M Bitcoin-backed facility
Image via Stock Titan

Key Signal

$18,127,131.88 Initial loan amount

Entities

bitcoin

Market Impact

BTC-1.97%$76,588

Last Updated

3 tháng trước

Đang dịch…

Điểm Chính

  • 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

Date of Report (Date of earliest event reported): August 3, 2026

POWERCOMPUTE, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-37605

47-3844457

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

1200 West Platt Street

Suite 100

Tampa, Florida

33606

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code:813222-8996

(Former Name or Former Address, if Changed Since Last Report)

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:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

Trading
Symbol(s)


Name of each exchange on which registered

Common Stock par value $0.001 per share

PWCM

The Nasdaq Stock Market LLC

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.

Market Context

Bitcoin

BTC

$76,611

-1.94% (24H)

Market Cap

$1.54T

Circulating Supply

20.1M BTC

24H Volume

$26.9B

24H High

$78,270

View Bitcoin Market Page

Article Intelligence

Key Entities

Topics

Related Coverage

View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium