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Amin Ayan

Hut 8 Lifts Coinbase Credit Facility to $200 Million Amid AI and HPC Expansion

Bitcoin miner Hut 8 has increased its credit facility with Coinbase to $200 million to bolster its artificial intelligence and high-performance computing strategy. The amended line of credit, disclosed in a recent SEC filing, follows a $7 billion Fluidstack deal and comes as Hut 8's stock gains and sizable Bitcoin treasury distinguish it from struggling peers.
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