Hut 8 Corp. has refreshed its at-the-market (ATM) equity program, giving the bitcoin miner and data center developer the ability to raise up to $1 billion through stock sales.
According to a prospectus supplement filed with the U.S. SEC on Friday, the new program replaces a prior $500 million ATM that Hut 8 launched in December 2024 as Hut 8 pushes for high-performance computing expansion while navigating headwinds from rising mining difficulty.
As Bitcoiners, what do you think about these market offering by mining companies?