Reserved IP Address°C
01-18-2025
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Hut 8

BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market
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11 February, 2023

BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market

The two companies will now be subsidiaries under Hut 8 Corp., or New Hut, with USBTC benefiting from a strong...
BTC miner Hut 8 sues power supplier for breach of power purchase contract
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1 February, 2023

BTC miner Hut 8 sues power supplier for breach of power purchase contract

Hut 8 is accusing Validus Power Corp. of failing to meet its contractual obligations for a power purchase agreement and...
Canada gov’t urged to roll out welcome wagon for blockchain innovators
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15 February, 2022

Canada gov’t urged to roll out welcome wagon for blockchain innovators

Michelle Rempel Garner, Member of Parliament for the riding of Calgary Nose Hill, recently introduced Bill C-249, ‘an Act respecting...
Hut 8 seeks to raise close to $400M in latest offering
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13 April, 2021

Hut 8 seeks to raise close to $400M in latest offering

Per Hut 8’s short-form prospectus, the proposed offering would occur during the 25-month span in which the prospectus remains effective.
Hut 8 reports 87% rise in net income as it diversifies mining portfolio
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29 March, 2021

Hut 8 reports 87% rise in net income as it diversifies mining portfolio

Despite nearly doubling its net income, the company saw its total revenue drop from $82 million in 2019 to $40.7...
Mining firm Hut 8 announces preliminary filings ahead of CAD$500M issue
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16 March, 2021

Mining firm Hut 8 announces preliminary filings ahead of CAD$500M issue

When finalized, the filings will allow Hut 8 to make available securities and other instruments up to the value of...
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