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Bitcoin Mining Firm Secures $50M Loan for Halving Prep

Canadian cryptocurrency mining firm Hut 8 has received a $50 million loan from Coinbase Credit, which it plans to use for general corporate purposes. The loan provides the company with additional financial flexibility and allows it to maintain its dynamic Bitcoin treasury management strategy as it enters the halving process.

Marisol Navaro - June 26, 2023

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