Fortitude Names Former Hut 8 CEO Jaime Leverton to Lead Ahead of HeartSciences Merger
HSCS has more than doubled off its 52-week low of $1.63.
Summary
Fortitude Mining appointed Jaime Leverton, former Hut 8 CEO, as its new CEO effective September 21, 2026, with Andrea Childs moving to COO. Leverton is expected to lead the combined company after the HeartSciences merger closes in Q4 2026.
Key Events · Executive and Board Changes · HSCS
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Fortitude Appoints Jaime Leverton as CEO
Former Hut 8 CEO Jaime Leverton becomes Fortitude's CEO and Board member effective September 21, 2026, succeeding Andrea Childs who transitions to COO.
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Leverton to Lead Combined Company Post-Merger
Leverton is expected to serve as CEO and Board member of Fortitude Mining Group, Inc. following the HeartSciences merger closing, expected in Q4 2026.
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Fortitude Discloses Q2 Revenue and Mining Scale
Fortitude reported Q2 2026 revenue of $20.9 million and mined 72,696 ZEC in H1 2026, representing approximately 28% of total Zcash network production.
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Power Portfolio and Equipment Expansion
Fortitude operates 60+ MW across seven sites and executed May 2026 purchase agreements with Bitmain for 9,000 Antminer Z15 Pro units (~7.56 GSol/s), with shipments expected in Q4 2026.
Analysis · HSCS · Crypto Assets
Fortitude Mining, the Zcash-focused company merging with HeartSciences, has installed a high-profile CEO with public-company mining experience just as the deal heads toward a Q4 2026 close. Leverton previously led Hut 8 through a major merger and Nasdaq listing, which lends credibility to the combined company's post-merger execution. The press release also discloses Fortitude's Q2 revenue of $20.9 million and its 28% share of Zcash network production, giving investors concrete operating data ahead of the shareholder vote.
How filings like this one have moved
In the 30 days to Sep 17, 2026, 29.6% of the 1721 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.34%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HSCS was trading at $3.87 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $18.2M. The 52-week trading range was $1.63 to $4.35. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.