---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008803"
form_type: "8-K"
ticker: "HUT"
cik: "0001964789"
company_name: "Hut 8 Corp."
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-19T00:15:54.392668+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hut 8 amends Coinbase credit: $130M capacity, 9% interest, maturity June 2026

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-25-008803
- form_type: 8-K
- ticker: HUT
- cik: 0001964789
- company_name: Hut 8 Corp.
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964789/000155837025008803/0001558370-25-008803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964789/000155837025008803/hut-20250616x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008803
- JSON: https://secwatch.observer/filing/0001558370-25-008803.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008803.txt

## Key facts
- Debt Financings
  Hut 8 Corp. amended credit facility of up to $130,000,000 with Coinbase Credit, Inc. at 9.0% maturing June 16, 2026.
  - Instrument: credit facility
  - Principal: up to $130,000,000
  - Counterparty: Coinbase Credit, Inc.
  - Rate: 9.0%
  - Maturity: June 16, 2026
  - Event: amendment
  source text: The Third Amended and Restated Credit Agreement amends and restates the Second Amended and Restated Credit Agreement to, among other things: (i) extend the final maturity date to June 16, 2026; (ii) increase the principal amount by up to $65,000,000 of additional borrowings, if any, resulting in a total principal amount of up to $130,000,000; (iii) modify the interest rate such that amounts that are borrowed will bear interest at a rate equal to 9.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964789/000155837025008803/0001558370-25-008803-index.htm

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