American Bitcoin Corp. (Hut 8 subsidiary) private placement completed
Company: Hut 8
The claim, verbatim
On June 27, 2025, American Bitcoin Corp. completed a private stock placement, issuing 11,002,954 shares for aggregate gross proceeds of $220,059,080
Source (primary)
Hut 8 8-K filed 2025-06-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The first closing of the Private Placement occurred on June 27, 2025. At the closing, the Company sold and issued 11,002,954 Shares for aggregate gross proceeds in cash and Bitcoin (as described below) of $220,059,080”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Hut 8 8-K filed 2025-06-30
Quote: “The first closing of the Private Placement occurred on June 27, 2025. At the closing, the Company sold and issued 11,002,954 Shares for aggregate gross proceeds in cash and Bitcoin (as described below) of $220,059,080”