Hut 8 unlocks $260M in Bitcoin as it refinances $200M FalconX loan

Bitcoin miner Hut 8 has refinanced its $200 million Bitcoin-backed credit facility with FalconX at a 7% fixed rate, replacing its Coinbase loan and unlocking approximately 3,300 BTC worth $260 million from collateral. Bitcoin (BTC) miner and energy infrastructure firm…