Potential Shares from Convertible Note Conversion
Company: Hut 8
The claim, verbatim
Up to 9,149,131 shares of common stock may be issued upon full conversion of the note
Source (primary)
Hut 8 8-K filed 2024-06-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “an aggregate of up to 9,149,131 shares of Common Stock may be issued upon the conversion in full of the Note”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states up to 9,149,131 shares may be issued if the note is fully converted at the initial conversion price.
Confirmed in the source:
- Based on the initial conversion price, up to 9,149,131 shares of common stock may be issued upon full conversion of the note
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: “an aggregate of up to 9,149,131 shares of Common Stock may be issued upon the conversion in full of the Note”