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Line of Credit is a revolving BTC credit facility secured by BTC reserves and pledged hashrate. Reserves earn yield while they sit as collateral, and the operator draws against them without a taxable sale. The facility has two sides. Reserves earn a yield while they back the line, and the revolving line allows draws against that same balance to operate and expand. The collateral keeps earning while the line is undrawn, so the reserve stays long BTC throughout. An undrawn line carries no cost while the reserve earns, and a drawn balance costs the spread between the two rates.

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Yield on idle collateral

Bitcoin pledged against a conventional facility earns nothing. Reserves backing this line earn 2% APY for as long as they secure it, so pledged collateral retains both its BTC exposure and a yield while the credit line remains available.

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Illustrative 12-month example

Over the period the reserve out-earns the cost of the draw, leaving the operator net positive in BTC while having taken liquidity against the balance.

How It Works

Idle reserves earn, and the line revolves as you draw, mine, and repay.

Facility Terms

Reserve yield, draw currencies, rates, and limits.

Collateral and Custody

Reserves and hashrate, undrawn yield, and no margin calls.

Getting Started

Open a line against your reserves and hashrate.
Indicative. Yields and rates shown are forward-looking targets subject to market conditions. Qualified counterparties only.