Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate

coindesk.com/markets/2025/06/24/hut-8-doubles-bitcoin-backed-loan-with-coinbase-to-130m-locks-in-lower-rate

Bitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, up from $65 million.
The amended agreement also comes with a fixed interest rate of 9% versus the previous floating rate of between 10.5% and 11.5%.…

This story appeared on coindesk.com, 2025-06-24 19:19:51.
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