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Hut 8 completes merger with USBTC, common shares to begin trading on December 4
2023-11-30 22:42
Odaily News Hut 8 Mining Corp. (Nasdaq/TSX: HUT) announced the completion of its business combination with USBTC and officially operates Hut 8 Corp. as a U.S.-registered entity, managing 825 MB at 11 sites. watts of energy, and has self-mining, hosting, hosting services and high-performance computing capabilities. According to the press release, New Hut common shares will trade on Nasdaq and the Toronto Stock Exchange under the ticker symbol HUT beginning on December 4, 2023. Hut 8 shareholders will receive 0.2 New Hut common shares for every Hut 8 share held, and USBTC shareholders will receive 0.6716 New Hut common shares for every USBTC share held.