Bitcoin mining company Hut 8 will expand its Bitcoin credit line to $130 million with Coinbase

Odaily News Hut8, a publicly traded Bitcoin mining company, announced that it has revised and expanded its Bitcoin-collateralized credit line with Coinbase Credit from the original $65 million to a maximum of $130 million, and extended the loan term to July 16, 2026. The adjustment includes a fixed interest rate reduction to 9%, an improved guarantee structure, and additional non-dilutive funds, which will support Hut8's expansion plans in areas such as high-performance computing and Bitcoin mining.