Compute / the Ledger · 2 deals
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Deals with Hut 8 as a party. Hut 8’s page · Show every party
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 28 Sept 2026 | Hut 8 enters a senior secured revolving credit facility of up to $1.07B with JPMorgan Chase as agentSignedCredit Agreement dated September 24, 2026; loans may be borrowed and reborrowed until the fourth anniversary of the closing date. Interest at Adjusted Term SOFR (0.00% floor) plus 1.50%-2.00%, or base rate plus 0.50%-1.00%, by reference to the Consolidated Total Debt to Market Capitalization Ratio; initial margin 1.750% for Term SOFR loans. Proceeds for general corporate purposes and working capital. Secured by a first-priority lien on substantially all assets of the company and guarantors. Minimum liquidity covenant from the quarter ending March 31, 2027: 40% of commitments before the Stabilization Date, 25% after. |
| Loan against chips | $1.07Bup to $1,070.0M outstanding, including a $1,070.0M letter of credit sublimit; nothing drawn at closing | 4 years · to 24 Sept 2030 | Hut 8 Form 8-K, 2026-09-28Regulatory filing |
| 17 Dec 2025 | Fluidstack signs a 15-year, $7.0B lease for 245 MW at Hut 8's River Bend campus, Louisiana, with a Google backstopSignedTriple-net lease; Google provides a financial backstop for the 15-year base term; Fluidstack holds a right of first offer on up to 1,000 MW more. Financed by $3.25B of 6.192% senior secured notes due 2042 (Hut 8 8-K 2026-05-01). | Site lease | $7B$7.0B over the base term (including a 3% annual escalator); up to $17.7B if all renewal options are exercised. | 15 years245 MW | Hut 8 8-K Ex. 99.1, 2025-12-17Regulatory filing |
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