Merger between Legacy Hut and USBTC
Company: Hut 8
The claim, verbatim
On November 30, 2023, Legacy Hut effected a strategic all-stock merger combining Legacy Hut and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (USBTC), forming Hut 8. Each Legacy Hut shareholder received 0.2 shares of Hut 8 common stock, while each USBTC shareholder received 0.6716 shares of Hut 8 common stock.
Source (primary)
Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal… (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-25)Live source ↗
Quote: “On November 30, 2023, Legacy Hut effected a strategic all-stock merger combining Legacy Hut and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (the 'Merger'). As a result of the Merger, Hut 8 was formed and each Legacy Hut shareholder received 0.2 shares of Hut 8 common stock, while each USBTC shareholder received 0.6716 shares of Hut 8 common stock.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal…
Quote: “On November 30, 2023, Legacy Hut effected a strategic all-stock merger combining Legacy Hut and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (the 'Merger'). As a result of the Merger, Hut 8 was formed and each Legacy Hut shareholder received 0.2 shares of Hut 8 common stock, while each USBTC shareholder received 0.6716 shares of Hut 8 common stock.”