Golden Finance reported that, according to official sources, BTC mining company Hut 8 announced that it will convert the outstanding loan balance of its subsidiary and Anchorage Lending CA, LLC, totaling about 38 million US dollars, into common stock of the company. According to the debt repayment protocol, Anchorage Digital has converted the outstanding loan balance of about 38 million US dollars into cash at a price of 16.395 US dollars per share of Hut 8 common stock. After the conversion, the outstanding loans and all other related obligations of Hut 8 and its subsidiaries have been satisfied.
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Hut 8 anuncia la devolución anticipada de aproximadamente 38 millones de dólares estadounidenses de préstamos pendientes
Golden Finance reported that, according to official sources, BTC mining company Hut 8 announced that it will convert the outstanding loan balance of its subsidiary and Anchorage Lending CA, LLC, totaling about 38 million US dollars, into common stock of the company. According to the debt repayment protocol, Anchorage Digital has converted the outstanding loan balance of about 38 million US dollars into cash at a price of 16.395 US dollars per share of Hut 8 common stock. After the conversion, the outstanding loans and all other related obligations of Hut 8 and its subsidiaries have been satisfied.