PowerCompute (NASDAQ: PWCM) signed an agreement on July 27, 2026 to refinance and consolidate three existing debt facilities totaling approximately $18 million into a new Bitcoin-backed credit facility with Arch Lending, secured by 307 BTC from its treasury.
The Arch Facility replaces an $11 million Galaxy Digital loan and $7 million in loans from SE and AJ Liebel used to acquire 15 MW Oklahoma and 11 MW Mississippi sites. On August 3, 2026, PowerCompute entered a non-recourse, 30‑day revolving collateral loan at about 2% APR versus 12% on prior Liebel loans, aiming to lower interest expense, strengthen its capital structure, and retain exposure to Bitcoin price appreciation.
PowerCompute (NASDAQ: PWCM) reported that Nasdaq notified the company on July 27, 2026 that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) minimum bid price requirement of $1.00 per share. Nasdaq confirmed the company met the requirement for the necessary period and closed the matter.
PowerCompute (Nasdaq: PWCM), formerly LM Funding America, issued a shareholder letter outlining its new strategic direction and confirmed its common stock now trades under the new ticker PWCM effective July 22, 2026. The company is evolving from a pure Bitcoin treasury and mining model toward owning and operating high-performance computing (HPC) and AI infrastructure.
PowerCompute reports building 26 MW of wholly-owned power infrastructure in about fifteen months, with roughly 22 MW currently used for Bitcoin mining but immediately addressable for HPC. The company is in discussions with an Oklahoma power provider about a potential 10–50 MW capacity expansion and is running a proof-of-concept deployment of professional-grade GPUs at its Oklahoma facility, listed on a GPU compute marketplace to generate early revenue and operational know-how. According to PowerCompute, a full HPC buildout of its existing 26 MW could support $20–$50 million in potential annual revenue, based on industry benchmarks and assuming full deployment and additional funding, and is not company-specific guidance.