2 unchanged sentences
as set forth below.
−Removed: business could be harmed by prolonged power and internet outages, shortages, or capacity constraints and deployment
+Added: business could be harmed by prolonged power and internet outages, shortages, or capacity constraints and deployment delays.
operations require a significant amount of electrical power and access to high-speed internet to be successful.
−Removed: If we are unable to
−Removed: secure sufficient electrical power, or if we lose internet access for a prolonged period, we may be required to reduce our
−Removed: operations or cease them altogether.
−Removed: We are also dependent upon our third party energy providers to power miners upon installation,
−Removed: and there may be delays in deployment and implementation.
−Removed: If any of these scenarios occurs, our business and results of operations
−Removed: may be materially and adversely affected.
+Added: If we are unable to secure
+Added: sufficient electrical power, or if we lose internet access for a prolonged period, we may be required to reduce our operations or cease
+Added: them altogether.
+Added: We are also dependent upon our third-party energy providers to power miners upon installation, and there may be delays
+Added: in deployment and implementation.
+Added: If any of these scenarios occurs, our business and results of operations may be materially and adversely
+Added: may face capital calls as a result of our existing loan agreements.
+Added: October 2022, we borrowed an additional $50 million under our RLOC facility and provided an additional 3,993 bitcoin as collateral which
+Added: increased the Company’s collateral balance to 7,821 bitcoin.
+Added: On November 9, 2022, bitcoin prices declined to a new yearly low which
+Added: triggered a capital call of an additional 1,669 bitcoin to cover collateral for our $50 million RLOC and $50 million term loan borrowings,
+Added: bringing its total collateral balance to 9,490 bitcoin.
+Added: The Company’s remaining unrestricted balance is 1,950 and any further
+Added: decrease in bitcoin prices could cause us to have to pledge all or a substantial portion of our remaining bitcoin holdings.
+Added: is no assurance that if there are continued marked decreases in the price of bitcoin that our remaining unrestricted bitcoin will be
+Added: sufficient to cover further increased collateral requirements or that if not, that we would have sufficient capital to cover any resulting
+Added: capital calls, which could result in our not being able to maintain liquidity and could force us to consider reorganization or liquidation.
are subject to risks associated with our need for significant electrical power.
13 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.