Hut 8 boosts Coinbase credit facility to $200 million

On January 4, 2026, Hut 8 disclosed it expanded its credit facility with Coinbase to $200 million, according to a recent regulatory filing. The company indicated the line will fund general corporate purposes, underscoring a capital-access strategy as many miners face pressure. The move follows a December agreement to supply 245 MW to an AI data center over 15 years.