Hut 8 Expands Credit Facility to $200 Million Amid Industry Challenges
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 03 2026- Credit Facility Expansion: Hut 8 has expanded its credit line with Coinbase to $200 million, reflecting the company's resilience in a challenging industry environment, with funds allocated for general corporate purposes to further enhance its mining operations and diversification efforts.
- AI Infrastructure Investment: The company has entered a $7 billion agreement with Fluidstack to deliver 245 megawatts for an AI data center over 15 years, marking a significant strategic move into the AI sector that enhances its competitive positioning.
- Strong Stock Performance: Hut 8's stock has surged over 134% in the past year, currently trading around $51.27, indicating strong investor confidence in its strategic direction, particularly in expanding into AI and high-performance computing markets.
- Robust Bitcoin Holdings: With approximately 13,696 BTC valued at over $1.2 billion, Hut 8 stands as one of the top Bitcoin treasury companies, showcasing financial resilience despite narrow profit margins and macroeconomic pressures faced by the industry.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
