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Bitcoin.com
2026-05-05 08:30:19

Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access

Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access

Hut 8 Corp. has entered into a $200 million, 364-day bitcoin-backed credit facility with Falconx, replacing its previous arrangement with Coinbase Credit. Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower

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