Hut 8 secures $330 million in credit financing to support its 1.5 GW capacity expansion plan
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Jinse Finance reported that cryptocurrency mining company Hut 8 has secured a total of $330 million in credit financing support, including a $200 million revolving credit facility from digital asset investment firm Two Prime and a $130 million credit facility from an exchange. The new funds are intended to support a 1.5 GW expansion plan in the United States, with four large-scale infrastructure projects expected to be developed in Louisiana, Texas, and Illinois.
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