SAN DIEGO, March 12, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors of a second class action on behalf of all persons and entities that purchased or otherwise acquired Hut 8 Corp. (NASDAQ:HUT) securities between November 9, 2023 and January 18, 2024. Hut 8 is a crypto currency and data mining company. The Company is engaged in Bitcoin mining and hosting, managed services, energy arbitrage, and operating traditional data centers.
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The Allegations: According to the complaint, Hut 8 formed following the November 2023 merger of Hut 8 Mining Corp. and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. ("USBTC"). Plaintiff alleges that during the class period, defendants failed to disclose to investors: (1) ...