Hut 8 Mining completed the merger with US Bitcoin.

Hut 8 Mining, a large, innovation-focused digital asset mining pioneer and high performance computing infrastructure provider, completed the merger with US Bitcoin, a builder and strategic operator of four Bitcoin mining centres. Financial terms were not disclosed. "Our established track record of creating shareholder value through organic growth and strategic acquisitions while maintaining a balance sheet-first approach has positioned us perfectly to advance our growth trajectory through this business combination. Bringing together Hut 8's operational track record and diversified revenue streams with US Bitcoin's scalable mining sites, sizeable hosting business, and industry-leading managed infrastructure operations not only accelerates our diversified strategy and positions us for near-term growth, but also establishes us as a strong, U.S.-based player that is ready and able to seize additional opportunities as they arise," Jaime Leverton, Hut 8 CEO.