Merger of Hut 8 and USBTC
Company: Hut 8
The claim, verbatim
Hut 8 completed a merger of equals transaction with U.S. Data Mining Group, Inc. (USBTC) effective November 30, 2023
Source (primary)
Hut 8 8-K filed 2023-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Effective November 30, 2023, Hut 8 Corp. ("New Hut" or the "Company") completed the previously announced merger of equals transaction contemplated by the Business Combination Agreement, dated as of February 6, 2023”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states that effective November 30, 2023, Hut 8 Corp. completed the previously announced merger of equals among Hut 8 Mining Corp., USBTC and New Hut.
Confirmed in the source:
- Hut 8 Corp. completed a merger of equals transaction involving Hut 8 Mining Corp. and U.S. Data Mining Group, Inc. (USBTC)
- The merger was effective November 30, 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923122902/tm2331643d4_8k.htm) in full (36,925 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 8-K filed 2023-12-01
Quote: “Effective November 30, 2023, Hut 8 Corp. ("New Hut" or the "Company") completed the previously announced merger of equals transaction contemplated by the Business Combination Agreement, dated as of February 6, 2023”