Hut 8 Mining is preparing to merge with US Bitcoin Corp in an “all-stock equal merger.” The deal is expected to conclude by the end of the month, as the shareholder voting period nears its end. The transaction, first revealed in February, is set to bolster Hut 8’s mining capacity and further diversify its revenue streams — giving the firm “arguably the most diversified business model among public peers,” one industry watcher said. The combined company is set to be called Hut 8 Corp., and will be based in the US. It intends to list its shares on both the Nasdaq and the Toronto Stock Exchange, trading under the symbol ... (full story)