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Hut 8 Mining Corp Updates Equity Sales Plan, Aims to Raise $1 Billion

By: theblockbeats.news|2025/08/24 08:42:11

BlockBeats News, August 24th, Hut 8 Corp., a publicly traded Bitcoin mining company in the United States, updated its At-The-Market (ATM) equity program, aiming to raise up to $1 billion through stock sales. The new plan replaces Hut 8's previous $500 million ATM program set to expire in December 2024. Earlier this week, the company broke ground on a $2.5 billion artificial intelligence data center in West Feliciana Parish, Louisiana.

Ethereum PoS Exit Queue Continues at High Levels, with Approximately $41.6 Billion USD worth of ETH Queued for Exit

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