Revolver letter of credit capacity
Company: Hut 8
The claim, verbatim
Up to $1.07 billion of the overall commitment can be used for letters of credit covering interconnection deposits and amounts owed to utility providers and equipment vendors without posting cash collateral.
Source (primary)
Hut 8 closes $1.07 billion secured revolver for AI data centers - Yahoo Finance (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “Up to $1.07 billion of the overall commitment can be used for letters of credit.”
How we checked this
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Additional evidence
confirms Hut 8 closes $1.07 billion secured revolver for AI data centers - Yahoo Finance
Quote: “Up to $1.07 billion of the overall commitment can be used for letters of credit.”