$15.0 million Coinbase credit facility
Company: Hut 8
The claim, verbatim
Hut 8 Mining entered into an amended and restated credit agreement with Coinbase Credit, Inc. on January 12, 2024, making available a loan facility of $15.0 million for drawing.
Source (primary)
Hut 8 8-K filed 2024-01-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “make available to the Borrower for drawing during the applicable period a loan D facility of $15.0 million”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The 8-K states that on January 12, 2024 Hut 8 Mining entered into an amended and restated credit agreement with Coinbase Credit, Inc. that makes a $15.0 million loan D facility available for drawing.
Confirmed in the source:
- Hut 8 Mining Corp. entered into an amended and restated credit agreement with Coinbase Credit, Inc.
- The agreement was entered into on January 12, 2024
- The agreement makes available to the borrower for drawing a loan facility (loan D facility) of $15.0 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465924005229/tm243483d1_8k.htm) in full (5,860 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 8-K filed 2024-01-19
Quote: “make available to the Borrower for drawing during the applicable period a loan D facility of $15.0 million”