Convertible Note Principal Amount
Company: Hut 8
The claim, verbatim
Entered into agreement to issue $150 million convertible note
Source (primary)
Hut 8 8-K filed 2024-06-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “providing for the purchase and sale of a convertible note (the "Note") in the principal amount of $150.0 million”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states Hut 8 entered into a purchase agreement for the sale of a convertible note with a $150.0 million principal amount.
Confirmed in the source:
- Hut 8 Corp. entered into a Convertible Note Purchase Agreement on June 21, 2024
- The agreement provides for the sale of a convertible note with a principal amount of $150.0 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000155837024009418/hut-20240621x8k.htm) in full (9,924 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 8-K filed 2024-06-24
Quote: “providing for the purchase and sale of a convertible note (the "Note") in the principal amount of $150.0 million”