A Gold Finance report states that Hut 8, a BTC mining company, announced that its subsidiary's outstanding loan balance of approximately $38 million with Anchorage Lending CA, LLC has been converted to common stock of the company. According to the debt repayment protocol, Anchorage Digital has converted the outstanding loan balance of approximately $38 million into cash at a price of $16.395 per share of Hut 8 common stock. After the conversion, Hut 8 and its subsidiary's outstanding loans and all other related obligations have been satisfied.
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Hut 8 anuncia a liquidação antecipada de cerca de 38 milhões de dólares de empréstimos pendentes
A Gold Finance report states that Hut 8, a BTC mining company, announced that its subsidiary's outstanding loan balance of approximately $38 million with Anchorage Lending CA, LLC has been converted to common stock of the company. According to the debt repayment protocol, Anchorage Digital has converted the outstanding loan balance of approximately $38 million into cash at a price of $16.395 per share of Hut 8 common stock. After the conversion, Hut 8 and its subsidiary's outstanding loans and all other related obligations have been satisfied.