Cryptocurrency mining company Hut 8 has repaid a $38 million loan from Anchorage Digital through a stock conversion deal.Hut 8 has launched a GPU-as-a-service program aimed at AI developers to expand into the artificial intelligence (AI) computing market.Despite the loan repayment, Hut 8 still carries around $290 million in debt, including a $150 million convertible note.Hut 8 currently operates 10 Bitcoin mining facilities and 5 high-performance computing data centers.