jain.com

Bitcoin sales funded $250M buyback

Company: Hut 8

Subject kind
financing
Statement date
2026-11-04
Promised amount
250000000.0 USD
Current status
stated

The claim, verbatim

Hut 8 sold 3,102 BTC since July to fund $250 million in share repurchases.

Source (primary)

Riot (RIOT) And Hut 8 (HUT) Sell Thousands Of Bitcoin To Fund AI Ventures, Share Buybacks - Bitcoin Magazine (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “Hut 8 has sold 3,102 BTC since July to fund $250 million in share repurchases”

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 Riot (RIOT) And Hut 8 (HUT) Sell Thousands Of Bitcoin To Fund AI Ventures, Share Buybacks - Bitcoin Magazine

Quote: “Hut 8 has sold 3,102 BTC since July to fund $250 million in share repurchases”

View cached copy (2026-11-05)Live source ↗Archive.org ↗