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Bitcoin collateral for Coinbase facility

Company: Hut 8

Subject kind
financing
Statement date
2023-11-30
Promised amount
2097.0 BTC
Current status
stated

The claim, verbatim

2,097 Bitcoin held as collateral for Coinbase Credit facility

Source (primary)

Hut 8 8-K filed 2023-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “2,097 of Hut 8's Bitcoin are currently held as collateral pursuant to the Coinbase Agreement.”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The filing states that 2,097 of Hut 8's Bitcoin are currently held as collateral under the Coinbase agreement.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923122902/tm2331643d4_8k.htm) in full (36,925 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Hut 8 8-K filed 2023-12-01

Quote: “2,097 of Hut 8's Bitcoin are currently held as collateral pursuant to the Coinbase Agreement.”

View cached copy (2026-08-31)Live source ↗