Hut 8 subsidiary expands Bitcoin-backed credit line to $130 million

Bitcoin miner Hut 8 (NASDAQ | TSX: HUT) announced that its subsidiary has entered into a third revised and restated credit agreement with a platform to modify and expand its Bitcoin-backed credit line from $65 million to $130 million and extend the maturity date to July 16, 2026. The revised agreement converts the floating rate structure to a fixed rate of 9.0%.

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RugpullAlertOfficervip
· 06-27 03:44
The more the set is set, the bigger it gets, and sooner or later it will explode
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PositionPhobiavip
· 06-26 01:19
Borrow money and leverage, causing some trouble.
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governance_ghostvip
· 06-25 23:52
Fixed Intrerest Rate of 9 points, that's harsh.
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DaoGovernanceOfficervip
· 06-24 16:25
empirically speaking, this credit expansion lacks robust risk metrics
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IntrovertMetaversevip
· 06-24 16:18
It means there is a steady supply of meat to eat.
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CommunityWorkervip
· 06-24 16:17
I don't know when I will be able to pay it back.
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GasBanditvip
· 06-24 16:01
The loan play is pretty good.
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DuskSurfervip
· 06-24 16:01
Expand credit... playing so big?
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