Here are the 8-K filings from PowerCompute, Inc. (PWCM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow PWCM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PWCM filings page.
PowerCompute, Inc. (PWCM) reported preliminary, unaudited Bitcoin mining and operating results for September 2026 and completed repayment of its Bitcoin-backed Arch facility. The company applied 267.4 Bitcoin to repay approximately $22.45 million of principal and accrued interest, repaying the facility in full. Total secured debt declined from $23.70 million to $1.25 million, and all Bitcoin pledged under the facility was released.
PowerCompute mined approximately 8.1 BTC in September, up 37% from 5.9 BTC in September 2025 and 2.7% from 7.9 BTC in August 2026. Energy sales generated approximately $89,000 during September and approximately $312,000 for the three months ended September 30, 2026, during seasonal heat-related curtailment at Oklahoma and Mississippi sites. Bitcoin holdings were 63.7 BTC at September 30, 2026, valued at approximately $5.3 million using a Bitcoin price of approximately $83,900, or approximately $2.11 per share of common stock outstanding.
PowerCompute, Inc. increased contracted power at its Columbus, Mississippi data center from 8.5 megawatts to 11 megawatts under a new contract with Columbus Light and Water. The initial term ends September 16, 2030, with a five-year renewal if both parties agree. The contract replaces a prior power contract, and the subsidiary’s estimated share of capital costs for the utility’s facilities is $0.
PowerCompute said it has not been assessed TVA’s approximately $1.5 million-per-megawatt Capacity Commitment Charge on any part of its 11 megawatts. The charge applies to new or expanded data-center loads above the first five megawatts; the tariff exempts power under contract effective before October 1, 2026. Columbus Light and Water is returning PowerCompute’s $300,000 deposit, which the company is replacing with a utility bond; PowerCompute intends to apply the returned cash toward capacity buildout.
PowerCompute, Inc. (PWCM) repaid and terminated its Bitcoin-backed credit facility with ChainFi, Inc. d/b/a Arch Lending on September 24, 2026, settling approximately $22.45 million of obligations. Arch sold approximately 267.3 of the 307 pledged Bitcoin to satisfy $21,892,132 of principal, $118,582 of accrued interest and a $440,122 fee, and returned approximately 39.6 Bitcoin; no Bitcoin remains pledged.
Total secured debt fell from approximately $19.4 million as of June 30, 2026 to approximately $1.25 million, a reduction of approximately 94%. The remaining secured borrowings consist of one secured promissory note maturing December 31, 2026. PowerCompute said annual interest expense for its remaining secured debt is approximately $140,000.
PowerCompute plans to deploy mining equipment across approximately 3.5 MW of owned, interconnected Mississippi capacity that is not yet energized and to continue modernizing its Oklahoma fleet. Upon completion, it expects active mining hash rate to reach approximately 964 PH/s, from approximately 763 PH/s as of August 31, 2026. Its owned capacity totals 26 MW, at a blended power cost net of power sales of approximately 3.3 cents per kilowatt-hour.
PowerCompute, Inc. (PWCM) announced a Bitcoin-mining fleet refresh: 1,000 Bitmain Antminer S19 XP miners are expected at its Oklahoma facility by September 30, 2026, and 940 more, ordered September 22, 2026, are expected to be delivered and installed in October. The new units average 132 TH/s; the company says replacing 95 TH/s machines with these units provides nearly 39% more hashrate per machine. S19J Pro units rated at 100 TH/s or below will move from Oklahoma to Mississippi to replace S19 units averaging 95 TH/s.
After redeployment, PowerCompute expects approximately 822 PH/s, compared with 771 PH/s as of June 30, 2026. With the additional units online, it expects approximately 862 PH/s, a cumulative 11.8% increase over that baseline. The company estimates approximately $1.2 million in annual incremental revenue capacity before curtailment and downtime, using a hashprice of $40.00 per PH/s per day as of September 21, 2026. It has funded and expects to fund the approximately $400,000 cost from cash on hand and Bitcoin holdings.
PowerCompute held 323 Bitcoin as of August 31, 2026, valued at approximately $27.8 million using a Bitcoin price of approximately $86,000 as of September 21, 2026. It also cited up to 3 megawatts of energized capacity in Mississippi for expansion that would require additional infrastructure and capital.
PowerCompute, Inc. (PWCM) reported preliminary Bitcoin mining and operational metrics for August 2026, including holding 323 Bitcoin valued at approximately $25.2 million as of August 31, 2026. Of these, 307 Bitcoin are pledged as collateral under its Arch credit facility, with approximately $21.9 million outstanding on that facility.
The company mined 7.9 Bitcoin in August, consistent with July 2026 production, as seasonal heat-driven curtailment at its Oklahoma and Mississippi sites continued. That curtailment generated approximately $132,000 in energy sales during August and about $223,000 over the past two months. Bitcoin holdings labeled as “HODL” increased from 315.1 BTC in July 2026 to 323.0 BTC in August 2026. PowerCompute reported 2,421,472 shares of common stock outstanding as of August 31, 2026.
The company is refreshing its mining fleet, having ordered approximately 1,000 new miners to replace older S19j Pro units rated at 100 TH/s or below. Once energized, expected by September 30, 2026, management estimates active hash rate could rise about 7%, from a reported 771 PH/s as of June 30, 2026 to a forecasted 825 PH/s, on newer and more efficient hardware.
POWERCOMPUTE, INC. (PWCM) entered into a new non-recourse, 30-day collared loan facility through its wholly owned subsidiary US Digital Mining and Hosting Co, LLC with ChainFi Inc. d/b/a Arch Lending. The facility is secured by 307 Bitcoin and structured as a "Collar Loan" with floor, ceiling, and barrier prices.
On August 25, 2026, the subsidiary borrowed $21,892,131.88 at an interest rate of 6.5% per annum. About $18.1 million was used to pay off a previously disclosed August 3, 2026 Arch loan, and $3.765 million funded the collar feature of that earlier loan. The initial 30-day period uses a $71,112 floor price per Bitcoin, a $75,000 ceiling price, and a $93,500 barrier price. The Collar Loan automatically rolls over for successive 30-day periods unless notice of non-renewal is given, with key pricing terms reset based on then-prevailing market conditions.
PowerCompute, Inc. (PWCM) reported a preliminary Bitcoin mining and operational update for July 2026. The company mined 7.9 BTC, sold 11.1 BTC, and ended July 31, 2026 with a Bitcoin treasury of 315.1 BTC valued at approximately $20.2 million, based on a Bitcoin price of about $64,000. Bitcoin holdings value subsequently increased to about $21.5 million as of August 19, 2026, using a Bitcoin price of $68,200.
PowerCompute generated about $91,000 in curtailment and energy sales revenue in July, reflecting heat-related curtailment at its Oklahoma and Mississippi sites. After month-end, the company refinanced and consolidated approximately $18 million of debt into a single facility with Arch Lending secured by Bitcoin collateral. PowerCompute operates 26 megawatts of wholly owned power infrastructure for Bitcoin mining and is expanding into high-performance computing and AI infrastructure while also running a technology-enabled specialty finance business.
PowerCompute, Inc. reported Q2 2026 total revenue of $2.1 million, up 9.8% year-over-year and roughly flat sequentially, driven mainly by higher Bitcoin production. The company mined 27.9 Bitcoin at an average value of about $72,000, versus 18.4 Bitcoin a year earlier, but lower Bitcoin prices compressed economics.
Mining margin declined to 29.0% from 41.0% in Q2 2025, and fair value adjustments on digital assets and receivables produced losses of about $3.0 million in Q2 2026 versus a $3.8 million gain a year ago. Net loss was $4.6 million for the quarter and Core EBITDA loss was $2.8 million. As of June 30, 2026, cash was $0.9 million and Bitcoin holdings totaled 318.6 BTC, valued at approximately $18.6 million. After quarter-end, the company refinanced $18 million of debt into a new Arch Lending facility at about 2% APR, secured by 307 BTC, replacing prior loans at 12%. The company also rebranded to PowerCompute and initiated a proof-of-concept in high-performance computing and AI infrastructure using its 26 MW of owned power capacity.
PowerCompute, Inc. entered into a new Bitcoin-backed loan facility with ChainFi Inc. d/b/a Arch Lending through its subsidiary US Digital Mining and Hosting Co, LLC. The company borrowed $18,127,131.88 in an initial 30‑day non-recourse, collared “Collar Loan” secured by 307 Bitcoin, bearing interest at 2.0% per annum, and used the proceeds to repay previously disclosed bridge loans and earlier facilities totaling about $18 million.
The loan automatically rolls every 30 days unless either party gives non-renewal notice; at each rollover, the interest rate and Bitcoin price collar reset based on market conditions. At maturity, if the Bitcoin reference price is below the floor, the borrower may walk away, repay and recover collateral, or roll the loan by curing the shortfall. The filing amends an earlier report to correct the stated aggregate amount borrowed from “$18,127.88” to $18,127,131.88.