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Cointelegraph by Vince Quill

Hut 8 expands $200M Coinbase credit line and AI deals as miners face 2025 margin squeeze

In 2025, Bitcoin miner Hut 8 grew its $200 million credit facility with Coinbase and advanced a $7 billion, 15-year AI infrastructure deal with Fluidstack. The firm's stock rose over 134% to about $51.27 as it diversified into AI, high-performance computing, and increased Bitcoin holdings despite a difficult year for miners following the April 2024 halving.
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