ATM program proceeds
Company: Hut 8
The claim, verbatim
Hut 8 generated $275.5 million in net proceeds from its ATM program from inception to quarter-end, selling 9.8 million shares at a weighted average price of $28.23.
Source (primary)
hut-8 8-K exhibit (hut-20250508xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “Generated $275.5 million in net proceeds from the Company's ATM program from inception to quarter-end, selling 9.8 million shares at a weighted average price of $28.23 per share.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The release's Capital Strategy section states all three figures.
Confirmed in the source:
- Hut 8 generated $275.5 million in net proceeds from its ATM program from inception to quarter-end
- Hut 8 sold 9.8 million shares under the ATM program
- The shares were sold at a weighted average price of $28.23 per share
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000155837025006847/hut-20250508xex99d1.htm) in full (21,174 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (hut-20250508xex99d1.htm)
Quote: “Generated $275.5 million in net proceeds from the Company's ATM program from inception to quarter-end, selling 9.8 million shares at a weighted average price of $28.23 per share.”