FF News Logo
Tuesday, April 21, 2026
Bottomline x FFNews

Breaking News

Smartstream: The Evolutionary Leap from Process Automation to Full Autonomy How NOTO and Opus Advisory Group Are Unifying Fraud Prevention | NOTO, Opus Advisory Group | The Fintech Show #163 AQMetrics’ Strategy for Unifying Data, Scaling for AI, and Building Trust MPE 2026: G+D Netcetera on the Payment Security Stack Driving Higher Conversion and Lowering Fraud InsurTech NY: Camunda on Smarter Workflows Finastra: What Banks Must Do for 2026 InsurTech NY: Fair on Closing Coverage Gaps InsurTech NY: Teqfocus on Practical AI Moonfare Launches New AI-Focused Technology Strategy Innovating Finance Together Summit Highlights the Power of Collaboration in a Fast-Changing Financial Landscape Lydian Launches Co-Branded Visa Platinum Card, Turning Digital Assets Into Everyday Payments MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region The Family Office Launches Wealth Mermaid, a Pioneering AI Wealth Assistant PayDo Launches New Crypto-to-Fiat Payment Capabilities MoneyHash and Visa Expand Partnership with Multi-Year Partnership to Expand Cybersource Enablement Across Emerging Markets
Hut 8 Provides Update on Business Combination with USBTC

March 10 2023

Hut 8 Provides Update on Business Combination with USBTC

Share this post:

Share on LinkedIn Share on WhatsApp

Hut 8 Mining Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest, innovation-focused digital asset mining pioneers, and high performance computing infrastructure provider, is pleased to announce that it has received a no–action letter from the Competition Bureau of Canada (“Competition Bureau”) in respect of the Company’s previously announced proposed business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp. (“USBTC”) will combine in an all-stock merger of equals (the “Transaction”). The no-action letter confirms that the Competition Bureau does not, at this time, intend to challenge the Transaction before the Competition Tribunal under the merger provisions under the Competition Act.

“As we continue to work towards closing the proposed transaction with USBTC, the issuance of this no-action letter is a positive development as it satisfies the Competition Act Approval condition in the business combination agreement. We appreciate the Competition Bureau’s professionalism throughout its review process,” said Jamie Leverton, CEO of Hut 8.

Completion of the Transaction remains subject to the remaining regulatory approvals, shareholder approval, court approval, and other customary closing conditions of the Transaction.

 

People In This Post

Jamie Leverton

Jamie Leverton

Hut 8

Companies In This Post

Hut

Hut 8
  1. Smartstream: The Evolutionary Leap from Process Automation to Full Autonomy

    Fintech TV

     Read more
  2. How NOTO and Opus Advisory Group Are Unifying Fraud Prevention | NOTO, Opus Advisory Group | The Fintech Show #163

    Episodes

     Read more
  3. AQMetrics’ Strategy for Unifying Data, Scaling for AI, and Building Trust

    Enterprise Ireland

     Read more
  4. MPE 2026: G+D Netcetera on the Payment Security Stack Driving Higher Conversion and Lowering Fraud

    Event Videos 2026

     Read more
  5. InsurTech NY: Camunda on Smarter Workflows

    Insurtech

     Read more
Operational Resilience Amsterdam x FFNews
More On