⚠️ coinbase offers a $50 million credit facility to Hut8Mining! Why does the crypto miner need the funds? Read more here -
Hut 8 announced entering into a $50 million credit facility with Coinbase Credit as the lender. In a statement, the North American crypto miner revealed that the proceeds from the loan will be used for general corporate purposes while providing it with added financial flexibility and helping it maintain a dynamic Bitcoin treasury management strategy.
Initially, the credit facility provides a $15 million term loan, followed by an additional $20 million delayed-draw term loan tranche in a second borrowing between one and two months following the closing. The deal also includes another $15 million delayed-draw term loan tranche in a third borrowing within 15 business days following the completion of the previously announced merger between Hut 8 and U.S. Data Mining Group to create a United States-domiciled entity called “New Hut.”that following the merger, the new entity is expected to have access to approximately 825 MW of gross energy across all six sites with self-mining, hosting, and managed infrastructure operations.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasuryCanadian Bitcoin mining firm Hut 8 has entered into a $50 million credit agreement with Coinbase Credit as lender.
続きを読む »
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From CoinbaseThe first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.
続きを読む »
Coinbase provides crypto miner Hut 8 with $50 million credit facilityCrypto miner Hut 8 has snagged a $50 million credit facility from Coinbase Credit.
続きを読む »
Brian Armstrong Envisions Coinbase Eventually Becoming a 'Super App'.coinbase CEO brian_armstrong imagines a future where it will be used not just for money and assets, but also for social interactions. 'We want to be that super app, but it's all going to be based on these decentralized protocols,' he says.
続きを読む »
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit | CoinMarketCapOn Friday, 23 June, the U.S. Supreme Court endorsed cryptocurrency exchange Coinbase's request to postpone customer lawsuits while it pursues appeals to have the issues arbitrated privately.
続きを読む »
The Block and Coinbase examine web3 investment and product innovation trends across the largest U.S. companiesICYMI: The Block and Coinbase examine web3 investment and product innovation trends across the largest U.S. companies
続きを読む »