Hut 8 Corp. has announced that its wholly owned subsidiary, Hut 8 Mining Corp., has entered into a Fourth Amended and Restated Credit Agreement with Coinbase Credit, Inc. The revised agreement, signed on December 22, 2025, increases the available principal by up to $70 million, bringing the total borrowing capacity to $200 million. The funds, which were fully borrowed on the agreement date, are intended for general corporate purposes. The loan is secured by Bitcoin held in custody with Coinbase Custody Trust Company, and Coinbase’s recourse is limited to this collateral. Other key terms, including interest rate and maturity, remain consistent with previous agreements.

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