Hut 8 Mining and USBTC complete an all-stock merger of equals, and the new company, Hut 8 Corp., has filed a registration statement with the SEC

Odaily Planet Daily News Bitcoin mining company Hut 8 Mining Corp. announced that it has completed an all-stock merger of equals with the data mining company U.S. Data Mining Group. The name of the new company after the merger will be named "Hut 8 Corp." will be a registered entity in the United States. At present, "Hut 8 Corp." has submitted an amendment to the S-4 registration statement with the SEC, but the completion of this transaction is still subject to regulatory approval, shareholder approval, court approval and other customary closing conditions of the transaction. (PR Newswire)