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USBTC and Hut 8 Mining merger completed

Company: Hut 8

Subject kind
acquisition
Statement date
2024-03-27
Current status
stated

The claim, verbatim

US Bitcoin Corp and Hut 8 Mining Corp completed an all-stock merger of equals on November 30, 2023, with USBTC deemed the accounting acquirer.

Source (primary)

hut-8 8-K exhibit (hut-20240328xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC") and Hut 8 Mining Corp. completed an all-stock merger of equals (the "Business Combination") on November 30, 2023.”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The release describes the all-stock merger of equals closing November 30, 2023, and states that USBTC was deemed the accounting acquirer.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000155837024004154/hut-20240328xex99d1.htm) in full (21,034 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms hut-8 8-K exhibit (hut-20240328xex99d1.htm)

Quote: “U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC") and Hut 8 Mining Corp. completed an all-stock merger of equals (the "Business Combination") on November 30, 2023.”

View cached copy (2026-11-08)Live source ↗