If Bitcoin drops below $58,860, PowerCompute can hand over 307 BTC and walk away from $18 million in debt

The low rate lasts one period; on Sept. 2, PowerCompute must repay, surrender collateral or accept repriced terms. The post If Bitcoin drops below $58,860, PowerCompute can hand over 307 BTC and walk away from $18 million in debt appeared first on CryptoSlate.