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What’s Going On With Shares Of Bitcoin Miner Hut 8 Monday?

Published by
Benzinga

Hut 8 Corp (NASDAQ: HUT) shares are trading flat. The company on Monday received court approval for its previously announced stalking horse bid transaction. What To Know: Bitcoin (CRYPTO: BTC) miner Hut 8 received an approval and vesting order from the Ontario Superior Court of Justice approving the company’s stalking horse bid transaction to acquire four natural gas power plants including the North Bay Bitcoin mine. Hut 8 subsidiary BidCo is now free and clear to move forward with the acquisition, which includes a 40 MW Bitcoin mining facility. Completion of the transaction will now also incl…

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