{"id":593902,"date":"2026-05-04T14:53:57","date_gmt":"2026-05-04T14:53:57","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/04\/hut-8-refinances-bitcoin-backed-loan-with-200m-falconx-deal\/"},"modified":"2026-05-04T14:53:57","modified_gmt":"2026-05-04T14:53:57","slug":"hut-8-refinances-bitcoin-backed-loan-with-200m-falconx-deal","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/04\/hut-8-refinances-bitcoin-backed-loan-with-200m-falconx-deal\/","title":{"rendered":"Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal"},"content":{"rendered":"

\"Hut<\/p>\n

The Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions.<\/p>\n

Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit.\u00a0<\/p>\n

The new facility reducwd the company’s fixed interest rate to 7% from 9% under the prior Coinbase credit structure, as part of the company\u2019s focus on lowering the cost of debt on its Bitcoin-backed credit and broader cost of capital, said Hut 8 in a Monday announcement<\/a>.<\/p>\n

The refinancing unencumbered about 3,300 BTC, worth roughly $260 million, from the collateral package after replacing the prior Coinbase facility, Hut 8 said.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions. Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit.\u00a0 The new facility […]<\/p>\n","protected":false},"author":1,"featured_media":593903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-593902","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/593902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=593902"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/593902\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/593903"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=593902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=593902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=593902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}