Goal to reduce cost of debt and capital through refinancing
Company: Hut 8
The claim, verbatim
The company stated that the refinancing supports its goal of reducing the cost of debt on Bitcoin-backed credit and lowering its overall cost of capital.
Source (primary)
Hut 8 Cuts Borrowing Rate to 7% With $200M FalconX Deal - CoinMarketCap (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Hut 8 said the refinancing supports its goal of reducing the cost of debt on Bitcoin-backed credit and lowering its overall cost of capital.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states this verbatim as attributed to Hut 8.
Confirmed in the source:
- Hut 8 said the refinancing supports its goal of reducing the cost of debt on Bitcoin-backed credit and lowering its overall cost of capital
What we did: Read our cached copy of the publisher (https://coinmarketcap.com/academy/article/hut-8-cuts-borrowing-rate-7percent-dollar200m-falconx-deal) in full (5,342 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Cuts Borrowing Rate to 7% With $200M FalconX Deal - CoinMarketCap
Quote: “Hut 8 said the refinancing supports its goal of reducing the cost of debt on Bitcoin-backed credit and lowering its overall cost of capital.”