jain.com

Q3 buyback of $74.7M funded by ~954 BTC sale

Company: Hut 8

Subject kind
financing
Statement date
2026-11-04
Promised amount
74700000.0 USD
Current status
stated

The claim, verbatim

Hut 8 bought back $74.7 million of shares during the quarter, funded with proceeds from selling approximately 954 Bitcoin.

Source (primary)

Hut 8 Expands AI Campus Commitments While Funding Buybacks With Bitcoin Sales - TradingView (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗

Quote: “The company said it bought back $74.7 million of shares during the quarter, funded with proceeds from selling approximately 954 Bitcoin”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The article reports the $74.7 million quarterly buyback and that it was funded by selling about 954 Bitcoin.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/newsbtc:8433b9330094b:0-hut-8-expands-ai-campus-commitments-while-funding-buybacks-with-bitcoin-sales/) in full (6,353 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Hut 8 Expands AI Campus Commitments While Funding Buybacks With Bitcoin Sales - TradingView

Quote: “The company said it bought back $74.7 million of shares during the quarter, funded with proceeds from selling approximately 954 Bitcoin”

View cached copy (2026-11-09)Live source ↗Archive.org ↗