debt
confidence high
sentiment neutral
materiality 0.70
Hut 8 amends Coinbase credit: $130M capacity, 9% interest, maturity June 2026
Hut 8 Corp.
- Credit facility increased by $65M to $130M; maturity extended to June 16, 2026.
- Interest set at 9.0% per annum; early termination fee eliminated; recourse limited to Bitcoin held at Coinbase Custody.
- Stockholders elected all eight director nominees and approved say-on-pay, KPMG ratification, and omnibus plan amendment at June 18 annual meeting.
item 1.01item 2.03item 5.07item 9.01