---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009004"
form_type: "8-K"
ticker: "HUT"
cik: "0001964789"
company_name: "Hut 8 Corp."
filed_at: "2025-06-30T23:59:59+00:00"
generated_at: "2026-05-18T14:55:43.296402+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hut 8 subsidiary American Bitcoin Corp. raises $220M in private placement

## Summary
- Gross proceeds of $220,059,080 from sale of 11,002,954 shares; up to $250M oversubscription available.
- $10M of shares sold for Bitcoin at $104,000 per BTC; balance in cash.
- Net proceeds ~$215M after fees; to fund Bitcoin accumulation and miner purchases.
- Offering exempt under Rule 506 of Reg D; shares not registered under Securities Act.

## SEC filing metadata
- accession: 0001558370-25-009004
- form_type: 8-K
- ticker: HUT
- cik: 0001964789
- company_name: Hut 8 Corp.
- filed_at: 2025-06-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964789/000155837025009004/0001558370-25-009004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964789/000155837025009004/hut-20250624x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009004
- JSON: https://secwatch.observer/filing/0001558370-25-009004.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.