Hut 8 adds US$1.07B secured credit line

Hut 8 Corp. (HUT) closed a $1.07 billion revolving facility led by JPMorgan, adding to $7.5 billion in project bonds for AI data centers in Louisiana and Texas. The financing model, backed by long-term contracts with Google and other investment-grade counterparts, is expected to set a precedent for the industry. The company's campuses, Beacon Point and River Bend, have contracted 949 megawatts of capacity with an aggregate base-term contract value of $26.6 billion.

Hut 8 Corp. closed a $1.07 billion four-year revolving credit facility to boost liquidity and support its AI data center projects. The facility offers flexible, non-dilutive capital at SOFR plus 175 basis points initially, with J.P. Morgan as lead arranger.

Hut 8 Corp. secured a $1.07 billion senior secured revolving credit facility led by JPMorgan, effective September 24, 2026. The four-year facility, with a matching letter of credit sublimit, is for general corporate and working capital purposes. Interest rates are based on Adjusted Term SOFR plus 1.50%–2.00% or an alternate base rate plus 0.50%–1.00%, with a 0.00% SOFR floor. No amounts were outstanding at closing.

Hut 8 Corp. secured a $1.07B revolving credit facility on September 24, 2026. The agreement, with JPMorgan Chase as agent, allows for loans at variable rates and is secured by company assets. Proceeds will be used for general corporate purposes and working capital. No amounts were outstanding at closing.

Hut 8 Corp. (HUT) secured a $1.07 billion four-year revolving credit facility from a syndicate of 12 lenders. The facility, with margins ranging from SOFR+150 to 200 bps, strengthens liquidity and supports capital access for AI and data center projects. The company previously secured $7.5 billion in project financing for its River Bend and Beacon Point campuses.

Hut 8 Corp. (HUT) secured a $1.07B revolving credit facility with a 4-year term. The funds will support AI infrastructure projects, with a sublimit for letters of credit. The interest rate is SOFR plus 150-200 basis points, initially set at SOFR plus 175. This follows prior project financing totaling $7.5B for Texas data centers.