jain.com

USBTC net current assets ~$9M

Company: Hut 8

Subject kind
financing
Statement date
2025-11-16
Promised amount
9000000.0 USD
Current status
stated

The claim, verbatim

Per the Prospectus, USBTC had approximately $9 million in net current assets as of June 30, 2023, which Lead Plaintiff asserts would sustain operations about four months given average annual cash losses of $36.1 million.

Source (primary)

Latino v. <mark>Hut 8 Corp</mark>. — Entry #9 (RECAP, court_filing)
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Quote: “USTBC had approximately $9 million available in net current assets as of June 30, 2023”

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 Latino v. <mark>Hut 8 Corp</mark>. — Entry #9

Quote: “USTBC had approximately $9 million available in net current assets as of June 30, 2023”

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