Bitcoin pledged to BITMAIN for miner financing
Company: Hut 8
The claim, verbatim
Hut 8 bought about 990 Bitcoin, bringing its reserve above 10,000. Of these, 968 were pledged as collateral to BITMAIN to finance its Antminer S21+ purchase.
Source (primary)
hut-8 8-K exhibit (hut-20250303xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “Surpassed 10,000 Bitcoin held in reserve with the purchase of approximately 990 Bitcoin, of which 968 were pledged as collateral to BITMAIN as part of an innovative financing model for the purchase of Antminer S21+ miners”
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 hut-8 8-K exhibit (hut-20250303xex99d1.htm)
Quote: “Surpassed 10,000 Bitcoin held in reserve with the purchase of approximately 990 Bitcoin, of which 968 were pledged as collateral to BITMAIN as part of an innovative financing model for the purchase of Antminer S21+ miners”