Other DebtActive
6.192% Senior Secured Notes due 2042
HUT-Nov42
$78.08▲ 1.43%
BTC Holdings
15,679 BTC
Total Debt
$3.66B
Leverage
287.0%
mNAV
6.88x
Outstanding
$3.25B
Insufficient history
Issue date
2026-04-30
Principal
$3.25B
Coupon
6.19%
Maturity
2042-11-15
Conversion price
—
- Issued by wholly-owned subsidiary Hut 8 DC LLC; non-recourse to Hut 8 Corp.
- Fully amortizing with semi-annual amortization payments beginning May 15, 2028
- Pricing announced Apr 27 2026; expected closing Apr 30 2026 subject to market conditions
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior secured (first-priority liens on substantially all assets of Hut 8 DC LLC plus pledge of equity in the Issuer; non-recourse to Hut 8 Corp.)
- Settlement
- Cash
- Facility type
- Other
- Payment frequency
- Semi-annual
- Payment dates
- May 15, Nov 15
- Rate type
- Fixed
- Collateral
- First-priority liens on substantially all assets of Hut 8 DC LLC, other than certain excluded property, plus a pledge of the equity interests in the Issuer held by Hut 8 DC Member LLC
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding |
|---|---|---|
| 2026-04-30 | Issuance | $3.25B Expected close per pricing announcement; non-recourse to Hut 8 Corp. |
- 2026-04-30 — $3,250,000,000Item 8.01