Source: CryptoSlate ↗
If Bitcoin drops below $58,860, PowerCompute can hand over 307 BTC and walk away from $18 million in debt
What the source reports
The low rate lasts one period; on Sept. 2, PowerCompute must repay, surrender collateral or accept repriced terms.The postIf Bitcoin drops below $58,860, PowerCompute can hand over 307 BTC and walk away from $18 million in debtappeared first onCryptoSlate.
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