USBC draws USD 3 million loan under Payward master agreement, lifting balance to USD 21 million
USBC•Facility and collateral terms
The facility allows up to USD 25 million of borrowings for a term of up to 12 months, subject to individual term sheets.
The loan is secured solely by 479 Bitcoin held with Payward Financial under an account control agreement.
A 27.4% drop in pledged Bitcoin value would have triggered a 130% collateral call margin as of Sept. 14, 2026.
USBC draws additional loan under Payward agreement
USBC drew USD 3 million under its master loan agreement with Payward Interactive, lifting outstanding borrowings to USD 21 million.
Fixed-rate debt carries 8.5% annual interest and matures Sept. 11, 2027.
