One thought on “Why did you take out a SALT loan and what made you choose SALT as your loan provider?

  1. Arti says:

    Our most valuable assets are our Bitcoin and Ethereum, and while we also mine other coins, we’re able to sell into Bitcoin and Ethereum. To me that’s a powerful tool that’s going to add a lot to our company. Now that we’ve implemented SALT into our business model; we’re going to consistently contribute more to our BTC and ETH wallets on the SALT platform by adding more collateral over time. First of all, the SALT loan is enabling us to hold our assets, which is the most important attribute. I can continue to add collateral as I go along, instead of paying bills directly by selling my Bitcoin and losing that future appreciation value. Then into the future, months down the road if I need cash, want to expand the company, ramp up operations for more rigs, or move to a new facility, I have the liquidity to be able to do so, yet I can still hold at least good chunk of my assets. It’s a straightforward concept and given the colors and themes are good, I thought the company had a strong possibility of selling itself well. There are a number of things that drew me to SALT. We don’t know where Bitcoin will be in two to three years, but by that point, if I hadn’t decided to do a fewthing like this now and use SALT to HODL my crypto, I would lose essentially 30–40 percent of my holding coin assets by having to sell them off to continue running my business. For me, using SALT was a no-brainer. That really intrigued me, and as I conducted additional research, I learned early on that while I needed to cover the costs of electricity and of buying more rigs, there’d come a point where I’d want to try and keep as much Bitcoin and Ethereum as I could. The SALT brand reminds me of Nike because it has a simple logo with strong meaning behind it. The next thing that caught my attention I figured that using SALT would put my business at an advantage because we could HODL all of our Bitcoin and Ethereum, use it as collateral, and generate additional income as a result of long-term appreciation.

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