*#FortitudeRaisesCreditLineTo$50M* ⛏️
Z$GOOGL.US cash mining bet getting bigger.
### The deal
- *Fortitude Mining Holdings* (DCG subsidiary) upsized facility *$26M → $50M* (+$24M)
- *Remaining capacity*: ∼$AAPLB 31M still undrawn ($7M from old line + $24M new)
- *Terms*: 11% interest, maturity June 2028, secured against equipment + real estate
- *Date*: Announced Sept 23, 2026
### The twist: ZEC-denominated loan
DCG has option to fund in *ZE$NVDAB C instead of USD*. Loan is valued and repayable in USD at time of transfer.
Fortitude says it expects *entire $31M to be funded in ZEC*, then it will *sell ZEC on open market* to fund capex.
#USWeighsPromotingDollarStablecoinsAbroad #USWeighsPromotingDollarStablecoinsAbroad
- *$7M draw by Sept 30*: Pays for 9,000 Bitmain Antminer Z15 Pro ASICs already ordered
- *Rest (∼$24M)*: Greenfield builds, data center acquisitions, power infra
DCG may provide additional ZEC funding through FY 2027.
### Why it matters
- *Capacity*: Already 60 MW installed across US sites (+12 MW Grand Island, NE + 12.5 MW Prosser, NE recently)
- *Target economics*: ∼$40 per ZEC mined at $0.045/kWh - owning sites vs leasing is key
- *Public listing*: This is ahead of planned SPAC merger with HeartSciences (Nasdaq: HSCS) → ticker "TUDE"
It's one of the largest pure Zcash mining expansions in proof-of-work this year, and the ZEC-funded loan structure ties cost of capital directly to the asset mined - but creates near-term sell pressure when Fortitude liquidates.
*Bottom line*: DCG doubling down on Zcash infra while ZEC sits ∼$50-60.#FortitudeRaisesCreditLineTo$50M
Z$GOOGL.US cash mining bet getting bigger.
### The deal
- *Fortitude Mining Holdings* (DCG subsidiary) upsized facility *$26M → $50M* (+$24M)
- *Remaining capacity*: ∼$AAPLB 31M still undrawn ($7M from old line + $24M new)
- *Terms*: 11% interest, maturity June 2028, secured against equipment + real estate
- *Date*: Announced Sept 23, 2026
### The twist: ZEC-denominated loan
DCG has option to fund in *ZE$NVDAB C instead of USD*. Loan is valued and repayable in USD at time of transfer.
Fortitude says it expects *entire $31M to be funded in ZEC*, then it will *sell ZEC on open market* to fund capex.
#USWeighsPromotingDollarStablecoinsAbroad #USWeighsPromotingDollarStablecoinsAbroad
- *$7M draw by Sept 30*: Pays for 9,000 Bitmain Antminer Z15 Pro ASICs already ordered
- *Rest (∼$24M)*: Greenfield builds, data center acquisitions, power infra
DCG may provide additional ZEC funding through FY 2027.
### Why it matters
- *Capacity*: Already 60 MW installed across US sites (+12 MW Grand Island, NE + 12.5 MW Prosser, NE recently)
- *Target economics*: ∼$40 per ZEC mined at $0.045/kWh - owning sites vs leasing is key
- *Public listing*: This is ahead of planned SPAC merger with HeartSciences (Nasdaq: HSCS) → ticker "TUDE"
It's one of the largest pure Zcash mining expansions in proof-of-work this year, and the ZEC-funded loan structure ties cost of capital directly to the asset mined - but creates near-term sell pressure when Fortitude liquidates.
*Bottom line*: DCG doubling down on Zcash infra while ZEC sits ∼$50-60.#FortitudeRaisesCreditLineTo$50M
