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Hut 8 secures $330 million in credit financing to support its 1.5 GW capacity expansion plans

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2025-08-26 14:48:58
Cryptocurrency mining company Hut 8 has received a total of $330 million in credit financing support, including a $200 million revolving credit line from digital asset investment firm Two Prime and a $130 million credit line from Coinbase, with the new funds to be used for a 1.5 gigawatt capacity expansion plan in the United States, which is expected to develop four large-scale infrastructure in Louisiana, Texas and Illinois.
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