Hut 8 Disputes Inaccurate Report Claiming Troubled Merger and Stock Manipulation
• Hut 8 called the JCapital Research report "deliberate misinformation" and said it was "filled with inaccuracies"
• The report claimed Hut 8's merger with US Bitcoin was a "pump and dump"
• The report said USBTC had legal troubles, defaulted on a loan, and paid government fines
• Hut 8 CEO said "We will not be derailed by activists who stand to profit from spreading misinformation"
• Hut 8 shares fell after the report was released on Jan 18 and have failed to significantly recover