Hut 8 secures $330 million in credit facilities to support its 1.5 GW capacity expansion plan
2hours ago
According to Odaily Planet Daily, cryptocurrency mining company Hut 8 has secured $330 million in credit support, including a $200 million revolving credit line from digital asset investment firm Two Prime and a $130 million credit line from Coinbase. The new funds will be used to fund a 1.5 GW expansion plan in the United States, with plans to develop four large-scale infrastructure facilities in Louisiana, Texas, and Illinois. (Globenewswire)
Download Odaily App
Let Some People Understand Web3.0 First
