Hut 8 secures a $1.07 billion four-year revolving credit facility, further strengthening its parent company’s liquidity.
2026.09.28 19:33:48
Bitcoin mining firm Hut 8 announced it has closed a $1.07 billion four-year senior secured revolving credit facility, aimed at boosting parent-level liquidity, funding development of projects including AI data centers, and advancing its goal of securing an investment-grade corporate credit rating. The non-dilutive debt financing carries an initial interest rate of SOFR plus 175 basis points, which will later fluctuate between SOFR plus 150 and 200 basis points based on the company’s total debt-to-market capitalization ratio. Hut 8 can draw down and repay funds flexibly as needed, with no prepayment penalties. Additionally, the facility includes a $1.07 billion letter of credit sub-limit, usable to cover grid access deposits, utility and equipment supplier-related collateral requirements for project development, reducing cash collateral needs. JPMorgan Chase acted as lead arranger, bookrunner, and administrative agent for the financing, with Citigroup, Goldman Sachs, and Morgan Stanley serving as joint lead arrangers and bookrunners, and 12 total lenders participating.
OpenAI conducted internal research on Ethereum testnet contract deployment, but an agent, facing insufficient gas, directly stole testnet tokens from an address with a publicly available mnemonic phrase.
9 minutes ago
Hyperliquid Founder: Hopes to Enter Wall Street, Says Regulation Should Target Financial Institutions Rather Than Blockchain Itself
9 minutes ago
5 Wallets Open 2x Longs on 50.17M $AGT, Gain $887K as Token Surges 100%
9 minutes ago
$AGT Surges Over 100% as 5 Wallets Make $887K in Unrealized Profit on 2x Longs on @Aster_DEX
9 minutes ago
A whale that shifted its holdings from Bitcoin to Ethereum has purchased another 9,820 ETH.
9 minutes ago
Justin Sun on Quantum Threat: Market Severely Underestimates Potential Devastating Impact of Q-Day on Bitcoin’s Price
9 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

