USBTC acquisition of King Mountain Joint Venture
Company: Hut 8
The claim, verbatim
In December 2022, USBTC acquired a 50% interest in King Mountain Joint Venture, a bitcoin mining production facility in King Mountain, Texas. Through the Merger, this facility became part of Hut 8.
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: “Before the Merger, in December 2022, USBTC acquired a 50% interest in a joint venture bitcoin mining production facility in King Mountain, Texas (the 'King Mountain Joint Venture'). As a result of the Merger, King Mountain Joint Venture became a part of the Company.”
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: “Before the Merger, in December 2022, USBTC acquired a 50% interest in a joint venture bitcoin mining production facility in King Mountain, Texas (the 'King Mountain Joint Venture'). As a result of the Merger, King Mountain Joint Venture became a part of the Company.”