CoinVoice has learned that Bitcoin mining company Hut8 has repaid the balance of approximately $38 million in loans from Anchorage Digital through a stock conversion. Anchorage Digital converted the debt into common stock at a price of $16.395 per share.
Hut8’s remaining debt includes a $150 million convertible note agreed in June with Coatue Management, earmarked for the miner’s expansion into the artificial intelligence computing market. [Original link]
