Hut 8 Locks $200M Bitcoin Loan, Frees 3,300 BTC Collateral

Hut 8 secures $200M Bitcoin-backed loan at 7% interest, unlocking 3,300 BTC collateral and cutting millions in debt costs.

Key takeaways

• Hut 8 Secures $200M Bitcoin-Backed Loan Refinancing with FalconX
• Hut 8 just locked in a $200 million Bitcoin-backed credit facility from FalconX, slashing its fixed interest rate and freeing up thousands of BTC for the first time si...
• The refinancing couldn’t come at a more critical moment. With Bitcoin’s price swinging between $58,000 and $65,000 over the past month and the April halving slicing mi...
• The release of 3,300 BTC—worth over $200 million at current prices—gives Hut 8 room to maneuver as it weighs new investments or shoring up its balance sheet. With its ...

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