Hut 8 announces $500M ATM equity program, $250M share buyback, and Ionic dispute

Hut 8 Corp.

$500M at-the-market equity offering via Sales Agreement with Cantor, BTIG, Canaccord, and others; 3% agent fee.
$250M stock repurchase program approved; up to 4.68M shares (5% outstanding) over 12 months.
Registration Rights Agreement with Coatue for resale of shares underlying $150M convertible note due 2029.
Ionic Digital Inc. sent termination notice for management services agreement; company disputes claim and will enforce rights.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.