Hut 8 Refinances $200M Bitcoin-Backed Loan With FalconX, Frees 3,300 BTC
Hut 8 just pulled a very Bitcoin-native financing move: cut its borrowing cost, swap lenders, and free up thousands of BTC that were sitting as collateral. Hut 8 refinanced a $200 million Bitcoin-backed credit facility with FalconX The new loan carries a fixed 7% annual interest rate, down from 9% About 3,300 BTC worth roughly […]
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