v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders' Equity  
Summary of Net Transfers To and From Parent

The net transfers to and from Hut 8, as discussed above in Note 1, were as follows:

 

 

 

Six Months Ended

 

(in USD thousands)

 

June 30, 2025

 

Cash pooling and general financing activities

 

$

20,599

 

Corporate allocations

 

 

14,368

 

Adjustments post carveout of mining operations to the Company

 

 

(951,556

)

Contributions from Hut 8

 

 

115,757

 

Net transfers from Hut 8 per Condensed Consolidated and Combined Statements of Cash Flows

 

 

(800,832

)

Stock based compensation funded by Hut 8

 

 

2,145

 

Net transfers to Hut 8 per Condensed Consolidated and Combined Statements of Stockholders’ Equity

 

$

(798,687

)

Schedule of Equity-classified Warrants

Transactions involving the Company's equity-classified warrants are summarized as follows:

 

 

 

Number of shares

 

 

Weighted average exercise price (per share)

 

 

Weighted average remaining contractual life (in years)

 

Akerna Common Warrants assumed through the Mergers

 

 

1,449

 

 

 

555.00

 

 

 

1.8

 

Akerna Underwriter Warrants assumed through the Mergers

 

 

72

 

 

 

555.00

 

 

 

1.7

 

Outstanding as of June 30, 2026

 

 

1,521

 

 

$

555.00

 

 

 

1.0