Hut

Canadian bitcoin mining company, Hut 8, has secured a $50 million credit facility from Coinbase Credit, a subsidiary of US-based cryptocurrency exchange, Coinbase. The facility will be used for general corporate purposes and will be backed…

Hut 8 announced entering into a $50 million credit facility with Coinbase Credit as the lender. In a statement, the North American cryptocurrency miner revealed that the loan proceeds will be used for general corporate…