$1.07B letter-of-credit sublimit
Company: Hut 8
The claim, verbatim
The Facility includes a $1.07 billion letter-of-credit sublimit to support site-development collateral requirements, including interconnection deposits and obligations to utilities and equipment vendors, reducing the need to post cash collateral.
Source (primary)
hut-8 8-K exhibit (tm2625691d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-29)Live source ↗
Quote: “The Facility’s $1.07 billion letter-of-credit sublimit supports collateral requirements associated with site development”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms hut-8 8-K exhibit (tm2625691d1_ex99-1.htm)
Quote: “The Facility’s $1.07 billion letter-of-credit sublimit supports collateral requirements associated with site development”