Bitcoin miner Hut8Mining can draw up to $50 million in term loans in a new agreement with Coinbase Credit. egreechee reports
Hut 8's new credit facility is made up of a $15 million term loan"which is expected to be funded at or shortly following closing," an option to draw an additional $20 million between one and
two months later, and another $15 million within 15 business days after completing the merger with USBTC, the press release said.The U.S. Securities and Exchange Commission has accused Coinbase of
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase provides crypto miner Hut 8 with $50 million credit facilityCrypto miner Hut 8 has snagged a $50 million credit facility from Coinbase Credit.
Read more »
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasuryCanadian Bitcoin mining firm Hut 8 has entered into a $50 million credit agreement with Coinbase Credit as lender.
Read more »
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme – Bitcoin NewsA U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack and for cryptocurrency theft.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought – Market Updates Bitcoin NewsBitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought.
Read more »
Dormant Bitcoin Wallets From 2010 Resurface: 100 Bitcoins Transferred After More Than 12 Years – Bitcoin NewsTwo bitcoin block rewards from 2010, worth just over $3 million, were spent on Monday, June 26, 2023, after being dormant for more than 12 years.
Read more »