Wall Street Bitcoin miner Hut 8 Corp. has announced several updates in its capital market strategy. The company has launched an "at-the-market" equity offering program, a stock repurchase program, and filed a shelf registration statement with the SEC. The ATM program allows Hut 8 to issue shares of its common stock worth up to $500 million through approved methods, while the stock repurchase program enables the buyback of up to 4.68 million shares. The funds raised will be used for growth initiatives, acquiring energy assets, developing infrastructure, purchasing Bitcoin, covering expenses and debt repayment. Hut 8 has filed the necessary paperwork with the SEC to ensure compliance with securities laws. These initiatives are subject to market conditions and can be adjusted or suspended as necessary.



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