$1.07B four-year senior secured revolving credit facility led by JPMorgan
Company: Hut 8
The claim, verbatim
Hut 8 entered into a credit agreement, signed and effective Sep 24 2026, establishing a senior secured revolving credit facility of up to $1.07 billion with a matching $1.07 billion letter of credit sublimit, for general corporate purposes and working capital. The facility runs four years with JPMorgan Chase Bank as administrative agent, bears interest at Adjusted Term SOFR plus 1.50%–2.00% or an alternate base rate plus 0.50%–1.00% with a 0.00% SOFR floor, and includes a minimum liquidity covenant. No amounts were outstanding at closing.
Source (primary)
Hut 8 Secures $1.07 Billion Four-Year Senior Secured Revolver Led by JPMorgan - TradingView (-, news_article)
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Quote: “Hut 8 entered into a Credit Agreement establishing a senior secured revolving credit facility of up to $1.07 billion for general corporate purposes and working capital.”
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Additional evidence
confirms Hut 8 Secures $1.07 Billion Four-Year Senior Secured Revolver Led by JPMorgan - TradingView
Quote: “Hut 8 entered into a Credit Agreement establishing a senior secured revolving credit facility of up to $1.07 billion for general corporate purposes and working capital.”