Fidelity bought 71% of Hut 8's June 2020 public offering, ~10.6% stake
Company: Hut 8
The claim, verbatim
In June 2020, Fidelity purchased 71% of the units in Hut 8 Mining's public offering, giving it approximately 10.6% ownership of Hut 8's outstanding shares.
Source (primary)
Fidelity Bitcoin Mining: 2014 Lab to a 10.6% Hut 8 Stake - FinanceFeeds (-, news_article)
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Quote: “In June 2020, the firm purchased 71% of Hut 8's public offering units. That stake gave Fidelity approximately 10.6% ownership of the company's outstanding shares”
How we checked this
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Additional evidence
confirms Fidelity Bitcoin Mining: 2014 Lab to a 10.6% Hut 8 Stake - FinanceFeeds
Quote: “In June 2020, the firm purchased 71% of Hut 8's public offering units. That stake gave Fidelity approximately 10.6% ownership of the company's outstanding shares”