Hut 8 seeks to raise close to $400M in latest offering - CoinGeek

in hive-116221 •  4 years ago 

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Canadian block reward miner Hut 8 Mining Corp. (TSX: HUT|OTCQX: HUTMF) is eyeing to raise C$500 million (~US$398 million in its latest securities offering, public documents have shown.

The TSX-listed company outlined the plans within a short-form prospectus filed on April 7. Per the document, the proposed offering would occur during the 25-month span in which the prospectus remains effective.


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