Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards

Hut 8 Prices $4.25B Senior Secured Notes for 352MW Texas AI Data Center

GateNews
Stocks

According to Bitcoin.com News, Hut 8 priced $4.25 billion of 6.129% senior secured notes on June 7, 2026 to fund construction of the 352MW Beacon Point AI data center in Nueces County, Texas. The notes, due Nov. 30, 2042, will be fully amortizing with principal payments beginning May 30, 2030.

The data center will be leased to a tenant rated AA- or higher. The financing is structured at the project level and is non-recourse to Hut 8, meaning note holders have claims against Beacon Point DC LLC and its secured assets only. The offering is scheduled to close June 9, 2026.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

06-06 09:59
Keel Infrastructure Plans to Issue $400M Convertible Notes on June 9
06-06 05:51
BlackRock Bitcoin ETF Dumps $213.63M BTC on June 6
06-06 00:21
Hut 8 Subsidiary Completes $4.25B Senior Secured Notes Offering at 6.129%
06-05 15:29
Hut 8 Subsidiary Completes $4.25B Senior Secured Notes Pricing for June 9 Settlement
06-05 15:29
Hut 8 Subsidiary Completes $4.25B Senior Secured Notes Pricing at 6.129%, Matures 2042
In-Depth Analysis

Bitcoin Falls 12.6% Below Election Day Price as ETF Outflows Hit $4B

Crypto Frontier23h ago

Bitcoin Falls 50% as ETF Outflows Hit $3.83B Amid SpaceX IPO

Daniel Carter06-06 06:28
Comment
0/400
No comments