Arctos Capital, a commercial lender with offices in San Francisco, CA and Calgary, AB, recently finished a record quarter of growth. Arctos originated over $16.5 million of equipment financings in Q4 to provide capital to the leading Bitcoin Mining firms across the U.S. and Canada. The firm has had zero losses of capital on its loan portfolio since inception.
 
Trevor Smyth, Managing Partner at Arctos Capital, said, “We feel fortunate that we’ve been able to spend the past couple of years putting the building blocks in place to effectively lend to the fast-growing bitcoin mining industry, and are thankful for the partnerships we have with our clients, who are the most professional and lowest-cost bitcoin miners in the industry. In a world starved for yield, we feel that our transactions are generating some of the most attractive risk-adjusted returns available across an industry, globally. Bitcoin mining is still misunderstood by many, but fortunately the combination of our team's experience in traditional equipment financing and the bitcoin industry has allowed us to create win-win financings for both us and our clients. We expect 2021 to be another year of record growth.”

Publicly announced transactions from 2020 included fundings with Luxxfolio, a large U.S. Client, Core Scientific and Blockware Mining.