Core Viewpoint - Hut 8 has announced an extension of its Bitcoin collateralized credit facility with Coinbase, increasing the maximum loan amount to $200 million, with an additional $70 million drawn from the facility [1] Group 1: Credit Facility Details - The amended credit agreement raises the maximum loan limit by $70 million, bringing the total to $200 million, with all newly added funds already withdrawn [1] - The credit agreement was signed on December 22, 2025, and the loans are secured by Bitcoin held in custody by Coinbase Custody Trust Company [1] - Coinbase's recourse is limited to the pledged collateral [1] Group 2: Financial Metrics - As of the third quarter, Hut 8 disclosed an outstanding loan amount of $130 million under the Coinbase credit facility, with an annual interest rate of approximately 9% [1]