$1.07B letter-of-credit sublimit
Company: Hut 8
The claim, verbatim
The facility includes a $1.07 billion letter-of-credit sublimit covering site development collateral such as interconnection deposits and utility/vendor obligations.
Source (primary)
Hut 8 Secures $1.07 Billion Senior Secured Revolving Credit Facility - energynews.pro (-, news_article)
View cached copy (2026-09-29)Live source ↗
Quote: “A $1.07 billion letter-of-credit sublimit embedded in the facility covers collateral requirements tied to 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 Secures $1.07 Billion Senior Secured Revolving Credit Facility - energynews.pro
Quote: “A $1.07 billion letter-of-credit sublimit embedded in the facility covers collateral requirements tied to site development”