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Hut 8 Mining's Shares to Be Listed on Nasdaq
Hut 8 will also retain its listing on the Toronto Stock Exchange.
Canadian crypto mining company Hut 8 Mining won approval for its shares to be listed on the Nasdaq Global Select Market.
STORY CONTINUES BELOW
- The Toronto-based firm will trade under the ticker "HUT," it said Wednesday.
- Hut 8 will retain its listing on the Toronto Stock Exchange under the same ticker.
- The mining company announced in April it was seeking to raise C$500 million (US$400 million) over a 25-month period in its latest security offering.
- Although primarily focused on bitcoin, Hut 8 said in March it purchased $30 million worth of Nvidia's crypto-focused graphics card to mine ether along with other cryptocurrencies.
Read more: Canadian Bitcoin Miner Bitfarms Approved for Nasdaq Global Market Listing
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
