Hut 8 Refinances Bitcoin-Backed Credit Facility with Lower Interest Rate

Hut 8 Corp. has refinanced its Bitcoin-backed credit facility with FalconX, reducing its interest rate from 9.0% to 7.0% and unencumbering approximately 3,300 BTC. The move is expected to lower the company's cost of debt and improve liquidity. The refinancing replaces a previous facility with Coinbase Credit, Inc.

By Hut 8 Corp. · PR Newswire · May 4, 2026, 10:30 UTC

Tickers: $COIN $HUT

Topics: Bitcoin-backed credit facility collateral optimization corporate finance debt cost reduction Hut 8 Corp.

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