Public Bitcoin Miner Closes $172 Million Common Share Public Offering

Public Bitcoin Miner Closes $172 Million Common Share Public Offering

On Friday Hut 8 Mining announced the closing of its underwritten public offering of common shares in the United States and Canada.On Friday Hut 8 Mining announced the closing of its underwritten public offering of common shares in the United States and Canada. Hut 8 sold 20,182,500 common shares including a full exercise of the underwriters' option to purchase an additional 2,632,500 shares. The common shares were offered to the public at a price of US$8.55 per share resulting in $172,560,375 of gross proceeds to Hut 8. The giant mining company plans to use the proceeds from the shares to....


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