Source: CryptoSlate ↗
Inside the $18 million Bitcoin gamble with zero margin calls until September
What the source reports
The low rate lasts one period; on Sept. 2, PowerCompute must repay, surrender collateral or accept repriced terms.The postInside the $18 million Bitcoin gamble with zero margin calls until Septemberappeared first onCryptoSlate.
Read the original report on CryptoSlate ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →AVAX One holds $88 million in Avalanche tokens, but its lender only wants cash or Bitcoin
The waiver required a $1.3 million payment, increased the remaining note and left $5.437 million under lender control.The postAVAX One holds $88 million in Avalanche tokens, but its lender only wants cash or Bitcoinappeared first onCryptoSlate.
MARA swings to Q2 loss as Bitcoin’s slump masks higher output
Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.
Block’s total profits jumped 25%, masking a 31% profit drop inside its $1.8 billion Bitcoin arm
Lower fees and trading dynamics narrowed implied margin by about 102 basis points, with no disclosed Bitcoin-specific activity payoff.The postBlock’s total profits jumped 25%, masking a 31% profit drop inside its $1.8 billion Bitcoin armappeared first onCryptoSlate.