PowerCompute Repays $22.45 Million Debt and Boosts September Bitcoin Output by 37
PowerCompute, Inc. (PWCM) announced it has fully repaid its Bitcoin-backed credit facility, significantly reducing its secured debt. The company utilized 267.4 Bitcoin to pay off approximately $22.45 million in principal and accrued interest under the arrangement. This move successfully lowered its outstanding secured debt from $23.70 million to $1.25 million and freed up all of its previously pledged cryptocurrency collateral.
In tandem with the debt reduction, the company shared its operational performance for September 2026. PowerCompute produced 8.1 Bitcoin during the month, representing a 37% increase compared to the same period last year. It also generated roughly $89,000 in monthly revenue by selling electricity back to the grid during periods of high heat and power curtailment at its Oklahoma and Mississippi data centers, bringing its three-month energy sales total to $312,000.
Looking ahead, the company holds 63.7 Bitcoin, valued at approximately $5.3 million as of September 30, 2026. Investors should monitor how PowerCompute manages its 26 megawatts of power capacity. The company plans to dynamically distribute this energy between ongoing cryptocurrency mining, grid power sales, and its planned expansion into high-performance computing and artificial intelligence infrastructure.
Key points
- PowerCompute repaid $22.45 million in principal and interest to clear its Bitcoin-backed credit facility.
- The repayment reduced the company's total secured debt from $23.70 million down to $1.25 million.
- September Bitcoin production rose 37% year-over-year to 8.1 BTC, up from 5.9 BTC in September 2025.
- PowerCompute generated $89,000 from energy sales in September and plans to expand into AI computing.
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How we writeDisclaimerQuestions and answers
How much debt did PowerCompute repay in September 2026?
PowerCompute repaid approximately $22.45 million in principal and accrued interest to fully settle its Bitcoin-backed credit facility, reducing its secured debt to $1.25 million.
How many Bitcoins did PowerCompute mine in September 2026?
The company mined 8.1 Bitcoin in September 2026, which is a 37% increase compared to the 5.9 Bitcoin mined in September 2025.
What are PowerCompute's plans for its energy infrastructure?
PowerCompute operates 26 megawatts of electrical capacity and intends to dynamically allocate this power among Bitcoin mining, energy sales, and high-performance computing or AI development.