Cryptocurrency mining company Hut 8 has signed a $65 million credit loan agreement with Coinbase

2024-01-12 21:56:10

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ChainCatcher news, the crypto mining company Hut 8 has signed a revised and restated credit loan agreement with Coinbase for $65 million. Coinbase has additionally provided Hut 8 with a $15 million loan, bringing the total loan principal to $65 million. The new loan is expected to be used for general corporate purposes and will be funded at or shortly after the closing of the transaction.

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