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freeing

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

18 hours ago by Crypto InsightsCrypto

Hut 8 (HUT), a bitcoin miner turned energy and AI compute company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase Credit arrangement with a new $200 million facility with FalconX. With the new deal, Hut 8 cut its fixed interest rate to 7%… Read More

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