Hut 8 Repays $38M Loan, Launches AI Computing Service
TLDR Hut 8 paid off $38M loan from Anchorage Digital through stock conversion Conversion price was at 51% premium to recent average share price Hut 8 still carries around $290M in debt, including $150M convertible note Company launching GPU-as-a-service program for AI developers Hut 8 operates 10 Bitcoin mining facilities and 5 high-performance computing data [...] The post Hut 8 Repays $38M Loan, Launches AI Computing Service appeared first on Blockonomi.