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Hut 8 will expand its Bitcoin secured loan amount with Coinbase Credit to $130 million
吳說13-08-2025 16:00:00
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The publicly listed Bitcoin mining company Hut 8 announced a revision and expansion of its Bitcoin-backed credit line with Coinbase Credit, increasing the original amount from USD 65 million to a maximum of USD 130 million, and extending the loan term to July 16, 2026. This adjustment includes a reduction of the fixed interest rate to 9%, an improved collateral structure, and the addition of non-dilutive funding, which will support Hut 8's expansion plans in high-performance computing and Bitcoin mining.
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