ChainCatcher News reports that, according to Investing.com, Bitcoin treasury company B HODL Plc (AQSE:HODL | OTCQB: HODLF | FRA: F5S) has approved a strategic Bitcoin collateralized loan framework that will utilize CoinCorner Ltd’s lending products as part of its funding management strategy. The framework allows B HODL to obtain loans collateralized by its Bitcoin holdings under certain conditions, including a 50% loan-to-value ratio, interest-only terms, a maximum term of four years, and a total loan exposure cap of 20% of the company’s Bitcoin reserves. B HODL plans to use the borrowed funds to purchase more Bitcoin. B HODL CEO Freddie New stated that this strategy provides a flexible and efficient source of Bitcoin, aligning with the company’s long-term goal of strengthening its Bitcoin holdings.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
