In the past, Hut and CEO Jaime Leverton would lead Zcash miners Fortitude.
2026-09-17 20:08:21
CoinMeta Data: Hut individuals were appointed as the CEO of Fortitude miners earlier this month. Fortitude is currently preparing for a public listing in conjunction with the NASDAQ-listed company HeartSciences. Leverton will take over on September 21st, replacing Andrea Childs who will become the Chief Operating Officer. After the merger, the new company is expected to adopt the name Fortitude and will trade on NASDAQ under the symbol “Tude”. The transaction is anticipated to be completed in the fourth quarter and requires shareholder approval. According to the company's estimates, the implied valuation of the merged company is at least $400 million. Fortitude mined 72,696 ZEC in the first half of 2026, which accounts for approximately 28% of the network's total output.
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Source:CoinDesk
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