Share repurchase funded by Bitcoin sales
Company: Hut 8
The claim, verbatim
Hut 8 repurchased approximately 3.3 million shares for $250 million, funded through Bitcoin sales.
Source (primary)
HUT Q3 Earnings Call Focuses on AI Expansion and Project Financing - Yahoo Finance (-, news_article)
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Quote: “Hut 8 repurchased approximately 3.3 million shares for $250 million, funded through Bitcoin sales”
How we checked this
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Additional evidence
confirms HUT Q3 Earnings Call Focuses on AI Expansion and Project Financing - Yahoo Finance
Quote: “Hut 8 repurchased approximately 3.3 million shares for $250 million, funded through Bitcoin sales”