Hut 8 Corp. reviewing short report, has confidence in merger of equals

Hut 8 Corp. said it is aware of a short report issued on January 18 by J Capital Research, “which is a self-proclaimed group of biased activists who clearly disclose that they will profit if a company’s share price declines.” The company issued the following statement: “Hut 8 is reviewing the report and will provide updates as the company deems appropriate. In the meantime, the company’s management team and board of directors continue to have confidence in the merger of equals, the strength of the company’s balance sheet, and the future success of the organization and are committed to moving forward as a combined company to drive meaningful growth for shareholders.”