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Bitcoin miner Hut8 will expand its Bitcoin credit line to $130 million with Coinbase

According to online reports, listed bitcoin mining company Hut8 announced that it has revised and expanded its bitcoin mortgage credit line with Coinbase Credit, from the original US$65 million to a maximum of US$130 million, and extended the loan term to July 16, 2026. The adjustment, which includes a reduction in fixed interest rates to 9%, an improved guarantee structure and new non-dilutive funding, will support Hut8's expansion plans in areas such as high-performance computing and Bitcoin mining.

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