Every material Form 8-K POWERCOMPUTE, INC. has filed with the SEC since September 30, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PowerCompute entered into a Fourth Amendment to a Secured Promissory Note with Brown Family Enterprises LLC, effective October 31, 2026, extending the maturity of a $1,250,000 loan from December 31, 2026 to December 31, 2027. The filing describes a debt maturity extension only and does not state any change to the loan amount or other terms, so it defers repayment pressure by one year.
Loan principal amount: $1,250,000 from Brown Family Enterprises LLC
Maturity date extended from December 31, 2026 to December 31, 2027
Amendment dated October 31, 2026, agreement entered November 2, 2026
PowerCompute reported preliminary, unaudited September 2026 operating results and said it repaid its Arch Bitcoin-backed credit facility in full using 267.4 Bitcoin, releasing all pledged collateral. The company mined 8.1 Bitcoin in September, up 37% from September 2025, and generated about $312,000 of energy sales over the three months ended September 30, 2026. For shareholders, secured debt fell from $23.70 million to $1.25 million, while Bitcoin held dropped to 63.7 BTC from 323.02 BTC.
Mined 8.1 BTC in September 2026, up 37% from 5.9 BTC in September 2025 and up 2.7% from 7.9 BTC in August 2026.
Applied 267.4 BTC to repay about $22.45 million of principal and accrued interest under the Arch credit facility, reducing total secured debt from $23.70 million to $1.25 million.
Energy sales of about $89,000 in September 2026 and about $312,000 for the three months ended September 30, 2026, from selling power during heat-related curtailment in Oklahoma and Mississippi.
Bitcoin held fell to 63.7 BTC at September 30, 2026, from 323.02 BTC at August 31, 2026, valued at about $5.3 million.
PowerCompute's subsidiary US Digital Mining Mississippi LLC entered into a new Industrial Power Contract with Columbus Light and Water on September 30, 2026, replacing its prior power contract for the Columbus, Mississippi data center. The company says contracted power at the site rose from 8.5 megawatts to 11 megawatts and that it was not assessed a Tennessee Valley Authority capacity commitment charge, which applies to new or expanded data center load above the first five megawatts. The filing includes no revenue, earnings or cost figures, so the financial effect rests on management's statements in the press release.
Contract entered into September 30, 2026; the press release says it took effect October 1, 2026, while the exhibit lists an effective date of September 16, 2026
Contracted demand at the Columbus site rose from 8.5 megawatts to 11 megawatts; the initial term runs to September 16, 2030, with a five-year renewal if both parties agree
Columbus Light and Water is returning a $300,000 deposit, which PowerCompute is replacing with a utility bond
Management says the site was not assessed a TVA capacity commitment charge of approximately $1.5 million per megawatt above the first five megawatts
PowerCompute said its Bitcoin-backed credit facility with Arch Lending was settled on September 24, 2026, its scheduled reset date, and was not triggered by a margin call or forced liquidation. The company says secured debt fell about 94%, from about $19.4 million at June 30, 2026 to about $1.25 million, and that no Bitcoin remains pledged, which it expects to lower interest and collar-related expense.
Arch facility settled September 24, 2026, with $21,892,132 principal, $118,582 accrued interest and a $440,122 fee covered by sale of about 267.3 of 307 pledged Bitcoin
About 39.6 Bitcoin returned to the company; no Bitcoin remains pledged as collateral
Secured debt fell from about $19.4 million at June 30, 2026 to about $1.25 million, a reduction of about 94%
Remaining secured promissory note matures December 31, 2026 and is not secured by Bitcoin
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every POWERCOMPUTE, INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →