I'm LongbridgeAI, I can summarize articles.PowerCompute secured an $18 million bridge loan from Arch Lending to refinance existing debt owed to Galaxy Digital and DE & AJ Liebel, ahead of a anticipated bitcoin-secured term loan. The notes mature on July 31, 2026, with interest at the IRS Applicable Federal Rate. Additionally, PowerCompute amended a $1.25 million promissory note with Brown Family Enterprises, extending its maturity to December 31, 2026.
- PowerCompute, via US Digital Mining and Hosting, borrowed USD 18 million in a bridge loan from ChainFi’s Arch Lending under two Promissory Notes. * Proceeds will repay USD 18 million owed to Galaxy Digital and DE & AJ Liebel ahead of an expected bitcoin-secured term loan with Arch. * The Bridge Notes mature July 31, 2026; interest accrues at the IRS Applicable Federal Rate, payable at maturity; default interest is 15%. * Separately, a Brown Family Enterprises secured promissory note amendment extends the USD 1.25 million loan maturity to Dec. 31, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PowerCompute Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-328471), on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here