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GateUser-8ca669fd

2026-05-05 00:41:00

Coinbase out, FalconX in. A 200 basis point spread is real gold and silver, and mining companies are also competing for financing.

View Original

CryptoFrontier2026-05-05 00:37:02

Hut 8 Replaces Coinbase Loan with $200M FalconX Bitcoin-Backed Facility

Hut 8 replaced its Coinbase Credit arrangement with a new $200 million bitcoin-backed facility provided by FalconX, according to the announcement. The new facility has a 364-day term and reduces the company's borrowing costs by 200 basis points compared to the previous Coinbase arrangement.

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