Bitcoin-backed credit facility refinancing with FalconX
Company: Hut 8
The claim, verbatim
Refinanced $200 million Bitcoin-backed credit facility with FalconX, reducing facility cost of debt from 9.0% to 7.0% and releasing approximately 3,300 BTC from collateral.
Source (primary)
hut-8 8-K exhibit (tm2621890d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-02)Live source ↗
Quote: “Refinanced the Company's $200.0 million Bitcoin-backed credit facility through a new facility with FalconX, reducing facility cost of debt from 9.0% to 7.0% and, upon the closing of the new facility, releasing approximately 3,300 BTC from collateral”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document confirms the refinancing amount, counterparty, rate reduction, and BTC released.
Confirmed in the source:
- Hut 8 refinanced its $200.0 million Bitcoin-backed credit facility through a new facility with FalconX
- The refinancing reduced facility cost of debt from 9.0% to 7.0%
- The refinancing released approximately 3,300 BTC from collateral
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000110465926090041/tm2621890d1_ex99-1.htm) in full (23,702 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (tm2621890d1_ex99-1.htm)
Quote: “Refinanced the Company's $200.0 million Bitcoin-backed credit facility through a new facility with FalconX, reducing facility cost of debt from 9.0% to 7.0% and, upon the closing of the new facility, releasing approximately 3,300 BTC from collateral”