Nasdaq-listed PowerCompute has refinanced $18 million of its debt through a Bitcoin-backed loan facility with an initial interest rate of approximately 2%, according to CoinTelegraph. This move highlights growing corporate interest in leveraging digital assets for financing.
Global equity markets displayed mixed results on Thursday during European hours, FX Street reported. Dow Jones futures rose by 0.19% to around 54,600, while S&P 500 futures gained 0.09% to near 7,760. Conversely, technology-focused Nasdaq 100 futures fell 0.35%, trading close to 29,510, reflecting a weakening in tech shares as noted by Deutsche Bank strategists.
For Japanese investors, these developments underscore the evolving landscape where traditional equities and crypto-backed financing intersect, prompting a closer watch on both sectors amid fluctuating global market conditions.