Canadian court approves BTC miner Hut 8’s merger with USBTC
97% of Hut 8 shareholders voted to merge with USBTC, and the only holdup now is the registration of the new entity in the U.S. and USBTC shareholders’ vote.
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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 balance sheet while Hut 8 accesses cheap power.