Anchorage Refinanced Loan
Company: Hut 8
The claim, verbatim
USBTC refinanced equipment loan with Anchorage for approximately $49 million with 5-year term maturing February 2, 2028
Source (primary)
Hut 8 8-K filed 2023-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “USBTC (and certain of its subsidiaries) entered into that certain Loan, Guaranty and Security Agreement dated as of February 3, 2023 with Anchorage with a term of 5 years... As of February 3, 2023, USBTC (and the Loan Parties) owe, and have agreed to repay, approximately $49.0 million to Anchorage, in addition to interest... the principal balance and any additional interest is due as a balloon payment on or before February 2, 2028.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing describes the refinancing of USBTC's Anchorage equipment loans, the roughly $49.0 million outstanding, the 5-year term and the February 2, 2028 balloon date.
Confirmed in the source:
- USBTC restructured its equipment loans with Anchorage through a Loan, Guaranty and Security Agreement dated February 3, 2023
- Approximately $49.0 million was owed to Anchorage as of February 3, 2023
- The refinanced loan has a 5-year term
- The principal balance is due as a balloon payment on or before February 2, 2028
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: “USBTC (and certain of its subsidiaries) entered into that certain Loan, Guaranty and Security Agreement dated as of February 3, 2023 with Anchorage with a term of 5 years... As of February 3, 2023, USBTC (and the Loan Parties) owe, and have agreed to repay, approximately $49.0 million to Anchorage, in addition to interest... the principal balance and any additional interest is due as a balloon payment on or before February 2, 2028.”