Hut 8: J Capital Research is a biased activist

ChainCatcher news, according to Globenewswire, the stock price of Bitcoin mining company Hut 8 Corp. fell 23% due to an unverified report from short-seller J Capital Research. In response, Hut 8 issued a statement indicating that Hut 8 Corp has learned that J Capital Research published a short report, and J Capital Research is a group of biased activists who have explicitly disclosed that they would profit if Hut 8's stock price declines.

Additionally, Hut 8 did not respond to other points in the J Capital report but stated that it is reviewing the article and will provide more information as necessary in the future.