Hut 8 disclosed that in Q3 and after the quarter it sold approximately 3100 bitcoins in total, and completed a 250000000 USD buyback.
Citing Hut 8's third-quarter report for 2026, BlockBeats reported that the company sold approximately 3100 bitcoins in Q3 and after the quarter, generating net proceeds of approximately 250000000 USD, which were used to complete the originally planned share repurchase program. The board of directors subsequently increased the repurchase authorization to 1000000000 USD.