Hut 8 Secures $200M Facility with FalconX, Cuts Rates to 7% and Expands Bitcoin Access

Hut 8 secured a $200 million credit facility with Falconx at a fixed 7% rate, replacing its agreement with Coinbase Credit at 9%. The refinancing freed 3,300 BTC valued at approximately $260 million as of May 1, 2026, making them available as general liquidity.