Hut 8 Corp. Schedule 13G/A amendment reports that four affiliated broker‑dealer reporting persons collectively disclose beneficial ownership of 3,061,763 shares of Common Stock, representing 2.7% of the class. The filing states 112,546,250 shares outstanding as of March 31, 2026. The filing notes that some reported holdings include options to buy shares and that the reporting persons claim shared voting and dispositive power among the group.
Positive
None.
Negative
None.
Insights
Affiliated broker‑dealers report a joint beneficial stake of 2.7% (3,061,763 shares).
The filing lists four affiliated reporting persons that report combined beneficial ownership of 3,061,763 shares, including options. The statement clarifies allocation of sole versus shared voting and dispositive power across the group.
Cash‑flow treatment and planned transactions are not stated; subsequent filings would show any sales or exercises.
Context shows reported position relative to a 112,546,250 share base as of March 31, 2026.
The filing binds the reported share count to the disclosed outstanding base, enabling a precise percent figure of 2.7% of class. It also discloses that 2,757,300 options are included in one reporting person’s count.
Monitor future disclosures for exercises or dispositions that would alter beneficial ownership.
Key Figures
Beneficially owned shares (group):3,061,763 sharesPercent of class:2.7%Shares outstanding:112,546,250 shares+3 more
6 metrics
Beneficially owned shares (group)3,061,763 sharesCollective holdings reported by four affiliated broker‑dealers
Percent of class2.7%Calculated against shares outstanding disclosed in filing
Shares outstanding112,546,250 sharesShares outstanding as of March 31, 2026 (per Form 10‑Q)
Options included (Susquehanna Securities)2,757,300 optionsOptions to buy Shares included in Susquehanna Securities, LLC’s reported total
Sole voting power (Susquehanna Securities)2,957,387 sharesSole voting power reported on cover page
Sole voting power (G1 Execution)28 sharesSole voting power reported on cover page for G1 Execution Services, LLC
"Amount beneficially owned: The information required by this Item 4(a) is set forth"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive powerregulatory
"Shared Dispositive Power 3,061,763.00"
options to buy Sharesfinancial
"includes options to buy 2,757,300 Shares"
Joint Filing Agreementregulatory
"EXHIBIT DESCRIPTION 99 Joint Filing Agreement*"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Hut 8 Corp.
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
44812J104
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
44812J104
1
Names of Reporting Persons
G1 Execution Services, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
28.00
6
Shared Voting Power
3,061,763.00
7
Sole Dispositive Power
28.00
8
Shared Dispositive Power
3,061,763.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,061,763.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.7 %
12
Type of Reporting Person (See Instructions)
BD, OO
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, SIG Brokerage, LP, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers, which may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
44812J104
1
Names of Reporting Persons
SIG Brokerage, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,748.00
6
Shared Voting Power
3,061,763.00
7
Sole Dispositive Power
1,748.00
8
Shared Dispositive Power
3,061,763.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,061,763.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.7 %
12
Type of Reporting Person (See Instructions)
BD, PN
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, SIG Brokerage, LP, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers, which may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
44812J104
1
Names of Reporting Persons
Susquehanna Investment Group
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
PENNSYLVANIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
102,600.00
6
Shared Voting Power
3,061,763.00
7
Sole Dispositive Power
102,600.00
8
Shared Dispositive Power
3,061,763.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,061,763.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.7 %
12
Type of Reporting Person (See Instructions)
BD, PN
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, SIG Brokerage, LP, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers, which may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
44812J104
1
Names of Reporting Persons
Susquehanna Securities, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,957,387.00
6
Shared Voting Power
3,061,763.00
7
Sole Dispositive Power
2,957,387.00
8
Shared Dispositive Power
3,061,763.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,061,763.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.7 %
12
Type of Reporting Person (See Instructions)
BD, OO
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, SIG Brokerage, LP, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers, which may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Hut 8 Corp.
(b)
Address of issuer's principal executive offices:
1101 Brickell Avenue, Suite 1500, Miami, Florida 33131
Item 2.
(a)
Name of person filing:
This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons" with respect to the shares of Common Stock, $0.01 par value per share (the "Shares"), of Hut 8 Corp. (the "Company").
(i) G1 Execution Services, LLC
(ii) SIG Brokerage, LP
(iii) Susquehanna Investment Group
(iv) Susquehanna Securities, LLC
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of G1 Execution Services, LLC is:
175 W. Jackson Blvd.
Suite 1700
Chicago, IL 60604
The address of the principal business office of each of SIG Brokerage, LP, Susquehanna Investment Group and Susquehanna Securities, LLC is:
401 E. City Avenue
Suite 220
Bala Cynwyd, PA 19004
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Common Stock, $0.01 par value per share
(e)
CUSIP No.:
44812J104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
The number of Shares reported as beneficially owned by Susquehanna Investment Group consists of options to buy Shares. The number of Shares reported as beneficially owned by Susquehanna Securities, LLC includes options to buy 2,757,300 Shares.
The Company's Quarterly Report on Form 10-Q, filed on May 6, 2026, indicates that there were 112,546,250 Shares outstanding as of March 31, 2026.
(b)
Percent of class:
2.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
They report beneficial ownership of 3,061,763 shares, which the filing states equals 2.7% of the class. This figure is tied to the disclosed 112,546,250 shares outstanding as of March 31, 2026 and includes some options to buy shares.
Do the filings show who controls voting or disposition of the shares?
Yes. The filing details both sole and shared voting and dispositive powers for each reporting person, and explains the four entities are affiliated broker‑dealers that have indicated shared power over the aggregated 3,061,763 shares.
Are any options included in the reported holdings?
The filing discloses that the number reported by Susquehanna Investment Group consists of options to buy shares and that Susquehanna Securities, LLC’s count includes 2,757,300 options reflected in its beneficial ownership total.
Does the filing indicate planned sales or purchases by the reporting persons?
No specific sales, purchases, or planned transactions are stated in this amendment. The filing is a beneficial ownership disclosure; any future market activity would be reported in subsequent filings if and when they occur.
