According to The Energy Mag, Bitcoin mining company Hut 8 has agreed to pay $2.35 million to settle a proposed securities class-action lawsuit initiated by investors. The investors accused Hut 8 of exaggerating the benefits of the all-stock merger with America. Bitcoin Corp. in 2023 and failing to fully disclose issues related to power and network connectivity at the King Mountain mining facility in Texas, owned by the latter. Hut 8 did not admit to any wrongdoing or causing losses to investors. https://(wublock123.com)/news/hut-8-bitcoin-miner-settles-2-35m-securities-lawsuit-63275