Hut 8 Corp (HUT) in the US stock market rose over 12%

robot
Abstract generation in progress

On July 2, according to market data, influenced by the news of the merger of its controlling subsidiary, US stock Hut 8 Corp (HUT) rose by 12.47%, now priced at $20.78. BlockBeats previously reported that American Bitcoin Corp. and Gryphon Digital Mining jointly announced on July 1, 2025, that they have submitted an amended S-4 registration statement to the SEC (SEC) to advance the previously announced stock exchange merger transaction. American Bitcoin is a subsidiary of Hut 8, with supporters including Eric Trump, son of Donald Trump. The company focuses on industrial-scale Bitcoin mining and strategic Bitcoin reserve development.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)