Use revolver to fund projects before long-term non-recourse financing
Company: Hut 8
The claim, verbatim
CFO Sean Glennan said the facility gives Hut 8 the ability to fund projects through development while it determines the optimal timing and structure for long-term, non-recourse financing as projects de-risk.
Source (primary)
Hut 8 Trending as It Adds $1 Billion in Non-Dilutive Bank Liquidity - TradingView (-, news_article)
View cached copy (2026-10-02)Live source ↗
Quote: “giving us the ability to fund projects through development while we determine the optimal timing and structure for long-term, non-recourse financing as they de-risk”
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 Trending as It Adds $1 Billion in Non-Dilutive Bank Liquidity - TradingView
Quote: “giving us the ability to fund projects through development while we determine the optimal timing and structure for long-term, non-recourse financing as they de-risk”