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Hut 8 data center facility at dusk with sign in foreground

Hut 8 investors shrug off Q1 loss, stoke 33% stock surge

May 6, 2026 Jackson Miller

Hut 8 Corp. shares surged more than 33% on Wednesday as investors looked past a first-quarter net loss of $253 million, focusing instead on the Bitcoin miner’s $9.8 billion deal to lease 352 megawatts of energy capacity to an undisclosed artificial intelligence company over 15 years. The stock move signaled that the market is betting […]

Interior of a modern data center with rows of servers and cooling systems, representing Bitcoin mining and AI infrastructure.

Hut 8 secures $200M Bitcoin-backed credit facility from FalconX, cuts interest rate to 7%

May 6, 2026 Jackson Miller

Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 has secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX. The new facility replaces the company’s prior credit agreement with Coinbase Credit and lowers its fixed interest rate from 9% to 7%, according to a Monday announcement. Refinancing unlocks Bitcoin reserves The […]