Woofun AI reports that Hut8 Corp has agreed to a $2.35 million settlement to resolve an investor lawsuit. The legal action alleged that the Bitcoin mining firm misled shareholders concerning the operational status of a Texas-based mining joint venture. This asset was acquired by Hut8 Corp through its 2023 merger with U.S. Bitcoin Corp, prompting scrutiny over the accuracy of prior disclosures regarding the venture's performance and viability.