Hut 8 said its subsidiary, Beacon Point DC LLC, priced $4.25 billion of senior secured notes due 2042 with a 6.129% coupon. According to NS3.AI, the proceeds will be used to fund a Texas AI data center project planned for 352 MW of IT capacity.
The company said the financing is intended to support development of the AI-focused facility in Texas.
AI TRENDS | Hut 8 Subsidiary Prices $4.25 Billion of Senior Secured Notes for Texas AI Data Center
2026-06-05 11:00:21
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Nokia Issues €500 Million Senior Unsecured Notes Due June 5, 2032Next article：
Hut 8子公司发42.5亿美元票据
