Hut 8 Corp. Secures Expanded $130 Million Credit Agreement with Coinbase, Extending Maturity to June 2026

Reuters
16 hours ago
Hut 8 Corp. Secures Expanded $130 Million Credit Agreement with Coinbase, Extending Maturity to June 2026

Hut 8 Mining Corp., a subsidiary of Hut 8 Corp., has entered into a significant amended and restated credit agreement with Coinbase Credit, Inc. The Third Amended and Restated Credit Agreement, signed on June 16, 2025, builds upon prior agreements established on June 26, 2023, with amendments on January 12, 2024, and June 17, 2024. This latest agreement extends and modifies the previous terms between the borrower, Hut 8 Mining Corp., and the lender, Coinbase, which also serves as the collateral and administrative agent. Details of the amendments include an extension of the credit terms, pointing to continued collaboration and financial planning between the parties.

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