EconomyHut 8 secures $1 billion credit line with 40% liquidity covenant
Bitcoin miner Hut 8 has closed a four-year, $1 billion senior secured credit facility that can fund site development or support construction obligations through letters of credit. No amount was outstanding at closing. The agreement requires minimum liquidity equal to 40% of commitments before a defined stabilization date and 25% afterward.
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CryptoSlate★★☆☆☆2026-09-29 22:50Original
Hut 8 secures $1 billion credit line with 40% liquidity covenant
Economy