Hut 8 and US Bitcoin announce merger of equals to create a preeminent digital asset mining, hosting, managed infrastructure operations, and high performance computing organization
Transaction is expected to dramatically enhance trajectory of the digital asset mining business: 5.6 EH/s installed self-mining capacity at five sites across North America Combined Company’s diversification strategy to expand significantly, establishing new, fiat revenue generating lines of business: 220 MW of hosting infrastructure at King Mountain, Texas Managed infrastructure