Hut 8 Corp. Class Action Lawsuit - HUT

The filed complaint alleges that Hut 8 Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) one of the largest shareholders in U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”), one of the companies that merged to create Hub 8, is an undisclosed related party; (2) one of USBTC’s core assets has historically failed to provide energy and high-speed internet; (3) the profitability of certain USBTC assets were overstated; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

In order to be eligible to join the HUT class action lawsuit, you must have incurred a loss on shares of Hut 8 purchased during the class period listed above.

If you suffered a loss in Hut 8 during the relevant time frame or pursuant to the relevant offering(s), you have until April 8, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.