For Experienced Sellers: Merging Private and Public -- Lessons from a $1 Billion Bitcoin Mining Merger

A major consolidation in the Bitcoin mining industry occurred in November 2023 with the merger of Hut 8 and US Bitcoin. Learn what went on inside this deal from Asher Genoot, CEO of the newly formed Hut 8 Corp. He discusses what led to the decision to raise capital by merging a public Canadian company with a private US company, the mechanics of merging, the challenges of integration, the operational and financial objectives for each side, and how this will help with driving diversified growth going forward. 

View the complete show notes for this episode.

Want more? 

• Hut 8 and USBTC Announce Completion of Business Combination
• Why do Companies Acquire Other Businesses?
• Tech & Software M&A Dynamics

Additional Resources:

• Planning to sell your business? Schedule a free consultation today.
• Download a free PDF copy of The Art of The Exit: The Complete Guide to Selling Your Business, Acquired: The Art of Selling a Business With $10 Million to $100 Million in Revenue, and Food and Beverage M&A: An Insider’s Guide to Selling a Food or Beverage Manufacturing, Distribution, or Grocery Business.
• Purchase your copy now of A Beginner’s Guide to Business Valuation | The Exit Strategy Handbook | Closing the Deal

Listen to Other Episodes:

• An Expert’s Views on Effective Post-Merger Integration Strategies with Ben de Haldevang
• The Role and Impact of Human Nature in M&A Transactions with Julienne Baron
• The Basics of International M&A Transactions with Amit Thakur
• The Inside Scoop on Tech M&A with Barr Blanton