The mining company was awarded $15 million in debt financing by Hut 8. The investor was Genesis Global Capital

On November 22nd, Canadian cryptocurrency mining company Hut 8 announced the completion of a new round of debt financing totaling 15 million US dollars. The investor is Genesis Global Capital with an annual interest rate of 9.85%. Hut 8 completed a $16 million debt financing in November 2018, investing in Galaxy Digital. The debt still has $14 million remaining, and the rest will be replaced by a new round of debt financing.