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On January 12, 2024, Hut 8 Mining Corp., a subsidiary of Hut 8 Corp., entered into an amended and restated credit agreement with Coinbase Credit, Inc. The new agreement modifies the existing credit terms from June 26, 2023, providing Hut 8 Mining with a $15.0 million loan facility and setting conditions for partial repayment based on Bitcoin's market value. The agreement also outlines interest rates and stipulates no early termination fee under certain conditions. The credit facility, secured by Bitcoin holdings, is intended for general corporate purposes and has a maturity of 364 days from the first borrowing.
On January 12, 2024, Hut 8 Mining Corp., a subsidiary of Hut 8 Corp., entered into an amended and restated credit agreement with Coinbase Credit, Inc. The new agreement modifies the existing credit terms from June 26, 2023, providing Hut 8 Mining with a $15.0 million loan facility and setting conditions for partial repayment based on Bitcoin's market value. The agreement also outlines interest rates and stipulates no early termination fee under certain conditions. The credit facility, secured by Bitcoin holdings, is intended for general corporate purposes and has a maturity of 364 days from the first borrowing.
2024年1月12日，Hut 8 Corp. 的子公司Hut 8 Mining Corp. 與Coinbase Credit, Inc.簽訂了經修訂和重述的信貸協議。新協議修改了自2023年6月26日起的現有信貸條款，爲Hut 8 Mining提供了1,500萬美元的貸款，並根據比特幣的市值設定了部分還款條件。該協議還概述了利率，並規定在某些條件下不收取提前終止費。該信貸額度由持有的比特幣擔保，用於一般公司用途，自首次借款之日起，到期日爲364天。
2024年1月12日，Hut 8 Corp. 的子公司Hut 8 Mining Corp. 與Coinbase Credit, Inc.簽訂了經修訂和重述的信貸協議。新協議修改了自2023年6月26日起的現有信貸條款，爲Hut 8 Mining提供了1,500萬美元的貸款，並根據比特幣的市值設定了部分還款條件。該協議還概述了利率，並規定在某些條件下不收取提前終止費。該信貸額度由持有的比特幣擔保，用於一般公司用途，自首次借款之日起，到期日爲364天。
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