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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. 与Coinbase Credit, Inc.签订了经修订和重述的信贷协议。新协议修改了自2023年6月26日起的现有信贷条款，为Hut 8 Mining提供了1,500万美元的贷款，并根据比特币的市值设定了部分还款条件。该协议还概述了利率，并规定在某些条件下不收取提前终止费。该信贷额度由持有的比特币担保，用于一般公司用途，自首次借款之日起，到期日为364天。
2024年1月12日，Hut 8 Corp. 的子公司Hut 8 Mining Corp. 与Coinbase Credit, Inc.签订了经修订和重述的信贷协议。新协议修改了自2023年6月26日起的现有信贷条款，为Hut 8 Mining提供了1,500万美元的贷款，并根据比特币的市值设定了部分还款条件。该协议还概述了利率，并规定在某些条件下不收取提前终止费。该信贷额度由持有的比特币担保，用于一般公司用途，自首次借款之日起，到期日为364天。
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