Hut 8 termination fee
Company: Hut 8
The claim, verbatim
If Business Combination Agreement is terminated under certain circumstances, Hut 8 may be required to pay USBTC a termination fee of $10,000,000
Source (primary)
Hut 8 424B3 filed 2023-11-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “If the Business Combination Agreement is terminated under certain circumstances, Hut 8 may be required to pay USBTC a termination fee of US$10,000,000”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The prospectus states that Hut 8 may be required to pay USBTC a US$10,000,000 termination fee if the agreement is terminated under certain circumstances.
Confirmed in the source:
- If the Business Combination Agreement is terminated under certain circumstances, Hut 8 may be required to pay USBTC a termination fee
- The termination fee is US$10,000,000
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: “If the Business Combination Agreement is terminated under certain circumstances, Hut 8 may be required to pay USBTC a termination fee of US$10,000,000”