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B HODL approves Bitcoin collateralized loan framework to borrow funds to buy more Bitcoin
ChainCatcher 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
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