Bitcoin Mining Firm Hut 8 Approved to List on Nasdaq – Mining Bitcoin News

Bitcoin.com

Major North American bitcoin mining firm Hut 8 Mining has been approved for listing on Nasdaq under the ticker symbol HUT. The company is also listed on the Toronto Stock Exchange (TSX).

  • Hut 8 Mining Corp. announced Thursday that its common shares have been approved to list on the Nasdaq Global Select Market (Nasdaq) under the ticker symbol HUT. Nasdaq’s website explains that the global select market “has the highest initial listing standards of any exchange in the world.”
  • Hut 8 Mining describes itself as “one of North America’s oldest and largest innovation-focused bitcoin miners.” It is incorporated under and governed by the Business Corporations Act of British Columbia. Most of the company’s directors and officers reside principally in Canada.
  • The company is also listed on the Toronto Stock Exchange (TSX) under the symbol HUT. It was the first publicly traded bitcoin miner on the TSX exchange. Hut 8 says that its TSX listing will remain unchanged.
  • The Hut 8 Mining shares are already quoted on the OTCQX market under the symbol HUTMF. Hut 8 Mining is ranked 11th (of 10,000) on the 2021 OTCQX Best 50.

  • The company announced its plans to list on Nasdaq on May 12 after it filed the F-10 form with the U.S. Securities and Exchange Commission (SEC) on March 10.
  • Hut 8 Mining is also a founding member of the Bitcoin Mining Council, which “is a voluntary and open forum of bitcoin miners committed to the network and its core principles,” its website details. “We promote transparency, share best practices, and educate the public on the benefits of bitcoin and bitcoin mining.” The council was formed after a meeting between Tesla CEO Elon Musk and a number of major North American bitcoin miners. The meeting was hosted by Microstrategy CEO Michael Saylor.

What do you think about Hut 8 Mining listing shares on Nasdaq? Let us know in the comments section below.

How To Get Free Crypto  
Tags in this story
crypto mining, cryptocurrency mining, Hut 8 bitcoin mining, hut 8 direct listing, hut 8 ipo, Hut 8 Mining, hut 8 mining nasdaq, hut 8 mining toronto stock exchange, hut 8 mining tsx, hut 8 nasdaq listing, stock exchange

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Go to Source
Author: Kevin Helms


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.