Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants
CAT
1 min read
Bitcoin miner Hut 8 has secured an additional $15 million from a subsidiary of the United States-based cryptocurrency exchange, Coinbase, according to a Jan. 12 statement. The miner revealed that the new deal represents an amendment and restatement of its previous $50 million credit facility with the cryptocurrency trading platform, bringing its cumulative credit portfolio […]
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Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants
