Hut 8 Corp. spins off mining operations to a new venture, American Bitcoin, linked with Donald Trump's sons, while focusing on AI.
Hut 8 seeks dismissal of shareholder lawsuit, claiming it's motivated by a short seller.
Hut 8 Corp faces a shareholder lawsuit linked to claims of manipulative short-selling targeting its stock. The Bitcoin miner seeks to dismiss the suit, believing it's motivated by market manipulation.
Hut 8 Corp. expands its partnership with Bitmain to increase Bitcoin mining capacity by 80% using next-gen ASIC mining machines.
Hut 8 Corp secures a 205 MW power purchase agreement in Texas amid a 63% drop in Bitcoin miners' daily revenues post-halving.