Crypto miner Hut 8 gets $50 million loan from Coinbase

Novelty bitcoin, ether and dodgecoin tokens at a CoinUnited cryptocurrency exchange in Hong Kong, China.Hut 8 Mining Corp., one of the largest public bitcoin mining companies, said it has entered into a $50 million credit facility with a unit of Coinbase Global Inc.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin to $48,000 in crypto summer? Only if…Bitcoin may have hit a local top, according to some analysts. However, here are some indicators showing that the perception could be wrong.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin: Will rising miner revenue send BTC packing?Bitcoin Ordinals NFTs dominate transactions, while declining miner revenue and increased difficulty pose challenges, potentially impacting BTC's price in the long run.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin: Will rising miner revenue send BTC packing?Bitcoin Ordinals NFTs dominate transactions, while declining miner revenue and increased difficulty pose challenges, potentially impacting BTC's price in the long run.
Source: CryptoAmb - 🏆 22. / 68 Read more »