Debt

Mid-tier Bitcoin treasury wagers all BTC on 30-day price reset

Bitcoin mining and treasury firm PowerCompute increased its debt by $3.765 million after an early Bitcoin collar reset involving 307 BTC, establishing a new 30-day balance with Arch Lending.

Sphere 3D faces $2.2M tariff claim totaling 77% of cash

Cryptocurrency mining firm Sphere 3D faces a potential $2.2 million US tariff claim on 2022 Bitcoin mining hardware after customs classified the machinery as Chinese goods. The company plans to contest the ruling amid liquidity pressures.

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