# A Bitcoin Treasury Company Refinanced Its Entire Reserve Into a Collar That Settles on One Morning Price

PowerCompute's replacement facility rolled the unwind cost into principal, lifted the balance to $21.9 million against 307 bitcoin, and raised the interest rate from 2 percent to 6.5 percent.

- Published: 2026-08-31T05:50:12.747Z
- Canonical: https://polylog.news/crypto/2026-08-31/a-bitcoin-treasury-company-refinanced-its-entire-reserve-int
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/one-mid-tier-bitcoin-treasury-just-gambled-its-entire-btc-reserve-on-a-single-30-day-reset-price/), [CoinDesk](https://www.coindesk.com/markets/2026/08/30/bitcoin-nears-usd79-000-as-michael-saylor-hints-at-first-bitcoin-purchase-in-two-months), [Polylog editors](https://polylog.news)

PowerCompute, a mid-sized bitcoin treasury and mining company, disclosed in an 28 August filing that it replaced a 30-day collar with lender Arch Lending, capitalizing the cost of the earlier unwind into the loan principal. The balance rose…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-08-31/a-bitcoin-treasury-company-refinanced-its-entire-reserve-int (subscription information: https://polylog.news/pricing).