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Bitcoin Mining Company Hut 8 to Expand Bitcoin Credit Line with Coinbase to $130 Million
Summary: According to reports, publicly listed Bitcoin mining company Hut 8 has announced a revision and expansion of its Bitcoin collateral credit line with Coinbase Credit, increasing it from the original $65 million to a maximum of $130 million, with the loan term extended to July 16, 2026. The adjustments include a fixed interest rate reduced ...
According to reports, publicly listed Bitcoin mining company Hut 8 has announced a revision and expansion of its Bitcoin collateral credit line with Coinbase Credit, increasing it from the original $65 million to a maximum of $130 million, with the loan term extended to July 16, 2026. The adjustments include a fixed interest rate reduced to 9%, improved collateral structure, and additional non-dilutive funding to support Hut 8's expansion plans in high-performance computing and Bitcoin mining.
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Link: Bitcoin Mining Company Hut 8 to Expand Bitcoin Credit Line with Coinbase to $130 Million [Copy]
