Hut 8 secures $1.07 billion senior secured revolving credit facility
- —$1.07 billion senior secured revolving credit facility
- —Hut 8 trades on Nasdaq and TSX under ticker HUT
- —Facility covers funding across the full development lifecycle
Why it matters: The large bank facility gives Hut 8 a cheaper funding route than equity issuance, reducing dilution risk as it scales infrastructure.
Source: PR Newswire Blockchain