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Hut 8 completes $4.25B private offering of 6.129% Senior Secured Notes due 2042 to fund Texas data center

HUTHut 8 Corp.

Beacon Point DC LLC, an indirect wholly-owned subsidiary of Hut 8 Corp., completed a $4,250 million private offering of 6.129% Senior Secured Notes due 2042. The proceeds will fund the development and construction of a 352 MW turnkey data center in Nueces County, Texas, and its associated substation. Hut 8 Corp. operates in the digital infrastructure and data center services industry.

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