USBTC Shareholder Exchange Ratio
Company: Hut 8
The claim, verbatim
Each share of USBTC Series A Preferred, Series B Preferred, Series B-1 Preferred and common stock will be exchanged for 0.6716 shares of New Hut common stock.
Source (primary)
Hut 8 S-4 filed 2023-02-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “each share of Series A Preferred, Series B Preferred, Series B-1 Preferred and USBTC common stock being exchanged for 0.6716 of a share of New Hut common stock in a merger”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the 0.6716 USBTC exchange ratio for all listed share classes.
Confirmed in the source:
- Each share of USBTC Series A, Series B, Series B-1 Preferred and common stock will be exchanged for 0.6716 of a New Hut share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923019807/tm235928-1_s4.htm) in full (1,074,589 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 S-4 filed 2023-02-13
Quote: “each share of Series A Preferred, Series B Preferred, Series B-1 Preferred and USBTC common stock being exchanged for 0.6716 of a share of New Hut common stock in a merger”