Hut 8 closes a $1.07B AI-campus credit line

Hut 8 closed a $1.07 billion, four-year senior secured revolving credit facility for its AI-campus pipeline. In its credit-facility announcement, the company says the line supports River Bend and Beacon Point alongside $7.5 billion in previously cited project financing. Operators should file this as balance-sheet capacity, not delivered compute: Hut 8’s earlier Nvidia-backed Texas lease shows how power, construction, and customer contracts still sit between financing and usable inference.