jain.com

$1.07B corporate revolving credit facility closed

Company: Hut 8

Subject kind
financing
Statement date
2026-09-28
Promised amount
1070000000.0 USD
Current status
stated

The claim, verbatim

Hut 8 announced the closing of a $1.07 billion revolving credit facility led by JPMorgan Chase. The deal closed on September 24, 2026 and sits at the parent level, above its $7.5 billion in project bonds.

Source (primary)

Hut 8 Closes Two-Tier AI Data Center Finance Stack; JPMorgan Leads 12-Bank Revolver - Tech Times (-, news_article)
View cached copy (2026-10-05)Live source ↗Archive.org ↗

Quote: “announcing the closing of a closed $1.07 billion revolving facility led by JPMorgan Chase”

How we checked this

Checked on October 6, 2026. The cited source supports every part of this claim.

The article reports the facility's size, its lead bank, its closing date, its parent-level position and its relationship to the $7.5 billion of project bonds.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.techtimes.com/articles/328138/20260928/hut-8-closes-two-tier-ai-data-center-finance-stack-jpmorgan-leads-12-bank-revolver.htm) in full (17,743 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Hut 8 Closes Two-Tier AI Data Center Finance Stack; JPMorgan Leads 12-Bank Revolver - Tech Times

Quote: “announcing the closing of a closed $1.07 billion revolving facility led by JPMorgan Chase”

View cached copy (2026-10-05)Live source ↗Archive.org ↗