Share buybacks funded by Bitcoin sales
Company: Hut 8
The claim, verbatim
Hut 8 repurchased $74.7 million of shares during the quarter and another $175.3 million afterward, funding both with Bitcoin sales.
Source (primary)
Hut 8 shares plunge as third-quarter loss widens and revenue misses forecasts - Yahoo Finance (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “Hut 8 bought back $74.7 million of shares during the quarter and another $175.3 million afterward, funding both purchases with Bitcoin sales.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article states that Hut 8 bought back $74.7 million of shares during the quarter and $175.3 million afterward, funding both with Bitcoin sales, which matches every part of the claim.
Confirmed in the source:
- Hut 8 repurchased $74.7 million of its shares during the third quarter of 2026
- Hut 8 repurchased another $175.3 million of shares after the quarter ended
- Both share repurchases were funded with Bitcoin sales
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/crypto/articles/hut-8-shares-plunge-third-160700457.html) in full (8,716 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 shares plunge as third-quarter loss widens and revenue misses forecasts - Yahoo Finance
Quote: “Hut 8 bought back $74.7 million of shares during the quarter and another $175.3 million afterward, funding both purchases with Bitcoin sales.”