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USBTC's 50% interest in King Mountain bitcoin mining facility

Company: Hut 8

Subject kind
facility capacity
Statement date
2024-04-19
Current status
stated

The claim, verbatim

USBTC held a 50% interest in a joint venture bitcoin mining facility located in King Mountain, Texas, which was acquired in the merger

Source (primary)

Ubhi v. Leverton — Entry #1: COMPLAINT against Joe Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jaime Leverton, Stanley O'Neal, Rick Rickertsen, Mayo A (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-26)Live source ↗

Quote: “USBTC held a 50% interest in a joint venture bitcoin mining facility, located in King Mountain, Texas (the "King Mountain JV"), which was acquired in the Merger.”

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 Ubhi v. Leverton — Entry #1: COMPLAINT against Joe Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jaime Leverton, Stanley O'Neal, Rick Rickertsen, Mayo A

Quote: “USBTC held a 50% interest in a joint venture bitcoin mining facility, located in King Mountain, Texas (the "King Mountain JV"), which was acquired in the Merger.”

View cached copy (2026-09-26)Live source ↗