Post-merger ownership of combined company
Company: Hut 8
The claim, verbatim
Existing American Bitcoin stockholders are expected to own about 98% of the combined company, and Hut 8 will beneficially own a majority of its outstanding capital stock immediately after completion.
Source (primary)
hut-8 8-K exhibit (hut-20250509xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “Existing stockholders of American Bitcoin are expected to own approximately 98% of the combined company. Immediately following the completion of the transaction, the Company will beneficially own a majority of the issued and outstanding capital stock of the combined company.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
Both ownership statements appear directly in the release, where 'the Company' is defined as Hut 8.
Confirmed in the source:
- Existing American Bitcoin stockholders are expected to own approximately 98% of the combined company
- Hut 8 will beneficially own a majority of the issued and outstanding capital stock of the combined company immediately after completion
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000155837025007236/hut-20250509xex99d1.htm) in full (12,691 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (hut-20250509xex99d1.htm)
Quote: “Existing stockholders of American Bitcoin are expected to own approximately 98% of the combined company. Immediately following the completion of the transaction, the Company will beneficially own a majority of the issued and outstanding capital stock of the combined company.”