Hut 8 Mining Corp. (HUT) has announced that the registration statement on Form S-4 for its proposed merger with U.S. Data Mining Group, Inc. dba US Bitcoin Corp (USBTC) has been declared effective by the SEC. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. The common stock of the new entity is expected to be listed on the Nasdaq and the Toronto Stock Exchange under the ticker symbol HUT. The transaction is expected to close by November 30, 2023, subject to USBTC stockholder approval and other customary closing conditions.