Hut 8 Corp. has closed a $1.07 billion four-year senior secured revolving credit facility to enhance its parent-level liquidity and capital access. This non-dilutive financing supports the company's development of AI data center campuses and allows flexible funding for projects while optimizing long-term financing timing. The facility includes a $1.07 billion letter-of-credit sublimit to cover collateral needs, reducing cash collateral requirements. This move strengthens Hut 8's capital structure as it aims for an investment-grade corporate profile amid rapid AI infrastructure growth.
Hut 8 Corp shares trade at USD 94.97 on Pluang as of Sep 28, 2026 17:41 WIB, down 1.91% in the last day. The company holds a market cap of $11.94 billion and an enterprise value of $19.37 billion. Trading volume reached 2,635,482 shares, with a typical hold time of 11 days on the platform. This liquidity move comes while the stock price remains well below its 52-week high of $133.02.
