$250M buyback executed using 3,102 BTC
Company: Hut 8
The claim, verbatim
Hut 8 sold 3,102 Bitcoin and used the proceeds to repurchase 3,338,479 shares for $250 million, with 953,802 shares bought in the third quarter and 2,384,677 after the quarter ended.
Source (primary)
Hut 8 Sold 3,102 Bitcoin to Buy Back $250 Million of Its Own Stock. Which Miners Are Still Holding Theirs? - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-05)Live source ↗
Quote: “The buyback included 3,338,479 shares: 953,802 for $74.7 million in the third quarter and 2,384,677 for $175.3 million after the quarter ended.”
How we checked this
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Additional evidence
confirms Hut 8 Sold 3,102 Bitcoin to Buy Back $250 Million of Its Own Stock. Which Miners Are Still Holding Theirs? - 24/7 Wall St.
Quote: “The buyback included 3,338,479 shares: 953,802 for $74.7 million in the third quarter and 2,384,677 for $175.3 million after the quarter ended.”