-
Bitcoin Miner Hut 8 Inches Toward Merger With USBTC as Court Approves Deal
The Supreme Court of British Columbia has approved plans for Bitcoin miners Hut 8 and US Bitcoin Corp to unite as one company—but the deal isn’t finalized just yet. As originally announced in February, Canada’s Hut 8 Mining (which trades on the Toronto Stock Exchange and Nasdaq under the HUT ticker) and America’s US Bitcoin Corp are seeking a business combination as “Hut 8 Corp,” which will be domiciled in the United States. The transaction is now expected to be finalized by the end of the year. HUT shares rose 2.82% on Monday following the Canadian Supreme Court’s approval. Shares of new HUT will ... (full story)
- Comments
- Subscribe
-
- Older Stories
From nasdaq.com|Sep 19, 2023Geopolitics and a slowing economy are fuelling pessimism among U.S. businesses operating in China, with the proportion of firms optimistic about their five-year outlook in the ...
From fxstreet.com|Sep 19, 2023Bitcoin (BTC) has displayed a rather unusual picture from a broader outlook, with the daily active addresses failing to mirror its price. Santiment data attributes this to ...
From youtube.com/aljazeeraenglish|Sep 18, 2023China's top diplomat, Wang Yi, begins on Monday a four-day trip to Russia during which both nations are expected to pledge deeper mutual political trust. Wang Yi met with Russian ...
-
- Newer Stories
From bnnbloomberg.ca|Sep 19, 2023A crypto controversy has erupted in Hong Kong amid a probe of a trading platform that has ensnared social-media influencers and unleashed criticisms against the key regulator. ...
From theblock.co|Sep 19, 2023Bankrupt cryptocurrency exchange FTX has sued Joseph Bankman and Barbara Fried, the parents of its founder Sam Bankman-Fried, aiming to recover millions of dollars in ...
From apnews.com|Sep 19, 2023Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would ...
- Story Stats
- Posted: Sep 19, 2023 2:12am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 52
