Hut 8 (HUT) is trading 3.8% down today at $115.92 after agreeing to pay $2.35 million to settle a proposed securities class action lawsuit related to its 2023 merger with U.S. Bitcoin Corp.. - The settlement resolves claims of misleading the market about operational problems at King Mountain. - Shares are also under pressure as Bitcoin has dropped approximately 2.04% since yesterday, typically impacting crypto-exposed miners.