$1.1B revolving credit facility
Company: Hut 8
The claim, verbatim
Hut 8 recently closed a $1.1 billion revolving credit facility backed by a syndicate of 12 banks.
Source (primary)
American Bitcoin Owner Hut 8 Moves to New HQ in Miami Amid $26.6B AI Expansion - CoinGape (-, news_article)
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Quote: “the company recently closed a $1.1 billion revolving credit facility backed by a syndicate of 12 banks”
How we checked this
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Additional evidence
confirms American Bitcoin Owner Hut 8 Moves to New HQ in Miami Amid $26.6B AI Expansion - CoinGape
Quote: “the company recently closed a $1.1 billion revolving credit facility backed by a syndicate of 12 banks”