Hut8 Mining operates as U.S.-domiciled entity following USBTC merger

Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have combined operations in an all-stock merger of equals to form a new United States-domiciled entity named Hut 8 Corp (New Hut).

On Nov. 30, Canadian Bitcoin (BTC) mining facility Hut 8 Mining Corp announced an all-stock merger with USBTC, which has been dubbed as the “largest mergers and acquisitions transaction” in crypto by New Hut CEO Jaime Leverton. Before the merger, Leverton served as Hut 8 Mining CEO in Toronto for over three years.

After much anticipation… we’re thrilled to announce the completion of our merger of equals with USBTC! We are now officially operating as a U.S.-domiciled entity, Hut 8…

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