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Anchorage loan converted to equity

Company: Hut 8

Subject kind
financing
Statement date
2024-11-12
Promised amount
37900000.0 USD
Current status
stated

The claim, verbatim

Hut 8 converted its entire $37.9 million outstanding Anchorage loan into common stock at $16.395 per share, a 51% premium to the 20-day VWAP.

Source (primary)

hut-8 8-K exhibit (hut-20241113xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “converted its entire $37.9 million outstanding loan balance with Anchorage to common stock at a price of $16.395 per share”

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-20241113xex99d1.htm)

Quote: “converted its entire $37.9 million outstanding loan balance with Anchorage to common stock at a price of $16.395 per share”

View cached copy (2026-10-25)Live source ↗