{"id":33409,"date":"2025-06-24T13:16:34","date_gmt":"2025-06-24T13:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33409"},"modified":"2025-06-24T13:16:34","modified_gmt":"2025-06-24T13:16:34","slug":"hut-8-locks-in-lower-borrowing-costs-with-fixed-rate-coinbase-facility","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33409","title":{"rendered":"Hut 8 Locks In Lower Borrowing Costs With Fixed-Rate Coinbase Facility"},"content":{"rendered":"<div>\n<p><strong>Hut 8 Corp. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HUT#NASDAQ\">HUT<\/a>)<strong> <\/strong>expanded its strategic partnership with Coinbase Credit Inc., a subsidiary of <strong>Coinbase Global, Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>), announcing a <a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/06\/g46069764\/hut-8-amends-and-expands-bitcoin-backed-credit-facility-with-coinbase-to-130-million\" target=\"_blank\" rel=\"noreferrer noopener\">revised agreement<\/a> that doubles the size of its Bitcoin-secured credit facility and extends its maturity by over a year.<\/p>\n<p>Through a newly amended credit deal, the digital infrastructure and energy platform boosted its borrowing capacity from $65 million to as much as $130 million while locking in a fixed 9.0% interest rate and pushing the loan\u2019s maturity to July 16, 2026.<\/p>\n<p>The agreement introduces several benefits for Hut 8, including a shift from a floating to a fixed interest &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/25\/06\/46072948\/hut-8-locks-in-lower-borrowing-costs-with-fixed-rate-coinbase-facility\" alt=\"Hut\" locks in lower borrowing costs with fixed-rate coinbase facility>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hut 8 Corp. (NASDAQ:HUT) expanded its strategic partnership with Coinbase Credit Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ:COIN), announcing a revised agreement that doubles the size of its Bitcoin-secured credit facility and extends its maturity by over a year. Through a newly amended credit deal, the digital infrastructure and energy platform boosted its borrowing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33409","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33409"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33409\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}