---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013100"
form_type: "8-K"
ticker: "HUT"
cik: "0001964789"
company_name: "Hut 8 Corp."
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:52:49.334010+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hut 8 repays $38M loan by issuing 2.3M shares at $16.395/share

## Summary
- Issued 2,313,435 common shares to satisfy $37,928,768.53 in principal and accrued interest under an Anchorage Lending loan.
- Conversion price of $16.395/share represents a 51% premium to the 20-day VWAP through Sept 26, 2024.
- Transaction eliminates all outstanding debt and related obligations, strengthening Hut 8's balance sheet.
- CEO cites improved leverage for pursuing AI and mining data center development opportunities.

## SEC filing metadata
- accession: 0001558370-24-013100
- form_type: 8-K
- ticker: HUT
- cik: 0001964789
- company_name: Hut 8 Corp.
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964789/000155837024013100/0001558370-24-013100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964789/000155837024013100/hut-20240927x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013100
- JSON: https://secwatch.observer/filing/0001558370-24-013100.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.