Hut 8 Mining partners with Galaxy Digital for tailored lending solution

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  • Hut 8 Mining (OTCQX:HUTMF) partnered with Galaxy Digital on a tailored lending deal enabling the company to earn a 4% yield on 1K bitcoin, and providing access to a $20M revolving credit facility.
  • Galaxy Digital is a diversified financial services and investment management firm in the digital asset and blockchain technology sectors.
  • "This partnership with Galaxy allows us to earn revenue from the significant Bitcoin on our balance sheet, minimize Hut 8's Fiat expenses, and further our mission to hold and build our Bitcoin reserves, rather than sell" CEO Jaime Leverton commented.

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