Wu Blockchain reports that Hut 8 has announced an expansion of its Bitcoin-backed credit line with Coinbase to $200 million. According to documents released by Hut 8 on January 3, the amended credit agreement increases the maximum loan amount by $70 million, bringing the total to $200 million, with the newly added funds fully drawn. The credit agreement was signed by Hut 8 on December 22, 2025, with the loan secured by Bitcoin held in custody by Coinbase Custody Trust Company. Coinbase’s recourse is limited to the pledged collateral. As disclosed in Hut 8’s Q3 report, the outstanding loan amount under the Coinbase credit facility is $130 million, with an annual interest rate of approximately 9%. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54511