Cahill Represents Initial Purchasers in Hut 8 DC LLC’s $3.25 Billion Notes Offering

April 30, 2026

Cahill represented the initial purchasers in connection with a Rule 144A offering of $3.25 billion aggregate principal amount of 6.19% senior secured notes due 2042 by Hut 8 DC LLC.

Proceeds from the offering were used to finance the development and construction of a turnkey data center with 245 megawatts of critical IT capacity and the related substation at Hut 8’s River Bend campus. Hut 8 DC LLC is an indirect wholly owned subsidiary of Hut 8 Corp.

Hut 8 Corp. is an energy infrastructure platform that integrates power, digital infrastructure, and large-scale compute capabilities, fueling next-generation, energy-intensive technologies including AI, high-performance computing, and ASIC computing.