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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?
As expected! We tend to forget public companies enter the market looking to raise capital.
That is why I like this new metric of bitcoin per share sats have a cap!
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