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How Did Hut 8 Secure Court Approval for Its Stalking Horse Bid? — TSX:HUT| ASX Mining News & Discussion
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Lykeshares Official
$HUT How Did Hut 8 Secure Court Approval for Its Stalking Horse Bid?
Hut 8 Expands with Acquisition of Natural Gas Power Plants and North Bay Bitcoin Mine

Hut 8 Corp. (Nasdaq | TSX: HUT), a leading figure in North America's digital asset mining and high-performance computing, has taken a significant step forward in its growth trajectory. The company recently received court approval for its acquisition of four natural gas power plants, including a Bitcoin mine in North Bay, Ontario.

Court Approval of the Stalking Horse Bid

The Ontario Superior Court of Justice (Commercial List) granted an approval and vesting order in the context of the ongoing proceedings under the Companies’ Creditors Arrangement Act of Validus Power Corp. (VPC) and its subsidiaries. This marks a pivotal moment for Hut 8, enabling the company to proceed with its previously announced stalking horse bid transaction.

Partnership with Macquarie Equipment Finance Ltd.

The transaction, formulated in partnership with Macquarie Equipment Finance Ltd., a subsidiary of the global financial services group Macquarie ...
How Did Hut 8 Secure Court Approval for Its Stalking Horse Bid?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?