Hut 8 Corp. announced on June 24, 2025, that its subsidiary has amended and expanded its Bitcoin-backed credit facility with Coinbase Credit, Inc. The facility has been doubled from $65 million to up to $130 million, significantly increasing the company's available capital.
The maturity date of the credit facility has been extended to July 16, 2026, providing longer-term financial flexibility. The amended agreement also features a fixed interest rate of 9%, along with improved economic and structural terms, including enhanced collateral and borrower protections.
This expansion positions Hut 8 to deploy capital against near-term growth opportunities in its pipeline, supporting its disciplined growth strategy. The company emphasized leveraging flexible, non-dilutive capital to execute on its strategic initiatives in the digital infrastructure ecosystem.
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