Shares issued to USBTC stockholders
Company: Hut 8
The claim, verbatim
44,231,514 shares of New Hut common stock to be issued in connection with the proposed merger
Source (primary)
Hut 8 424B3 filed 2023-11-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “44,231,514 SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE TO BE ISSUED IN CONNECTION WITH THE PROPOSED MERGER”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The prospectus cover states that 44,231,514 shares of common stock are to be issued in connection with the proposed merger of USBTC and Merger Sub.
Confirmed in the source:
- 44,231,514 shares of New Hut common stock are to be issued in connection with the proposed merger
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923116384/tm235928-42_424b3.htm) in full (1,232,285 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 424B3 filed 2023-11-09
Quote: “44,231,514 SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE TO BE ISSUED IN CONNECTION WITH THE PROPOSED MERGER”