Summary by Futu AI
On September 30, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.4% ownership stake in Hut 8 Corp, which represents 6,738,814 shares of common stock. This filing indicates that BlackRock has sole dispositive power over the shares, with no shared voting or dispositive power reported. The filing was made under Rule 13d-1(b), which is typically used by passive investors or those not seeking to influence or control the company. Hut 8 Corp's principal executive offices are located at 1101 Brickell Avenue, Suite 1500, Miami, MA 33131. The Schedule 13G filing is a regulatory requirement for investors who acquire more than 5% of a company's outstanding common stock and is intended to inform the market and other investors about significant holdings.