- Leverton said the merger will also provide opportunities for diversification, both in terms of geography and revenue streams.
- The collapse of FTX and crypto turmoil did not affect the merger of Hut 8 and US Bitcoin Corp (USBTC).
Hut 8 Mining CEO Jaime Leverton talked about the merger of U.S. Bitcoin and Hut 8 Mining Corp, in an BNN Bloomberg interview. She said that this merger will provide diversified revenue and also help the combined business scale. Hut 8 is a Toronto-based crypto mining company.
Source: https://www.thecoinrepublic.com/2023/02/09/fears-from-the-ftx-collapse-now-coming-down-said-hut-8-ceo/