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Crypto miner Hut 8 gets $50 million loan from Coinbase

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TSX\u002Dlisted Hut 8 get $50 million loan from Coinbase as crypto miner prepares for major blockchain event called the halving. Read on.

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.

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