Plan to fund projects via revolver, then long-term non-recourse financing; target investment-grade profile
Company: Hut 8
The claim, verbatim
The CFO said the revolver will fund projects through development while Hut 8 determines timing and structure of long-term non-recourse financing as projects de-risk, aiming to optimize cost of capital, limit dilution and progress toward an investment-grade corporate profile.
Source (primary)
Hut 8 Closes $1.07 Billion Revolving Credit Facility - IndexBox (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “allowing Hut 8 to fund projects through development while it settles on the optimal timing and structure for long-term, non-recourse financing as projects de-risk. He said the strategy is intended to help optimize the cost of capital, limit dilution, and sustain progress toward an investment-grade corporate profile.”
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 Closes $1.07 Billion Revolving Credit Facility - IndexBox
Quote: “allowing Hut 8 to fund projects through development while it settles on the optimal timing and structure for long-term, non-recourse financing as projects de-risk. He said the strategy is intended to help optimize the cost of capital, limit dilution, and sustain progress toward an investment-grade corporate profile.”