Hut 8 Mining Corp.

Hut 8 Mining Corp. , a publicly listed bitcoin mining company, is pleased to announce Jason Zaluski as Head of Technology, effective February 1st, 2021. Mr. Zaluski joins Hut 8's driven team under the direction of CEO Jaime Leverton and will play a key role in leading IT operations and fleet management. An experienced technologist and strategist [...]

Hut 8 will use the loan to purchase 5,400 units of MicroBT's latest generation machines, increasing its capacity for bitcoin mining by 475 PH/s of computing power Hut 8 Mining Corp. announced today that it has finalized an equipment financing loan of US$11.8 million from Rochester-based Foundry Digital LLC, a wholly-owned subsidiary of Digital [...]

Hut 8 Mining Corp. is pleased to announce that it has closed its previously announced private placement of equity securities . The Offering was for gross proceeds of CAD$77,500,000 and consisted of the sale of 15,500,000 common shares and warrants to purchase up to 7,750,000 common shares at a purchase price of CAD$5.00 per Offered Share and [...]

Hut 8 Mining Corp. is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares and warrants to purchase common shares to institutional investors for gross proceeds of CAD$77,500,000 . Pursuant to the Private Placement, the Company will issue 15,500,000 Common Shares and Warrants to [...]

Hut 8 Mining Corp. today announced the opening of a Bitcoin Yield Account in partnership with Genesis Global Capital, a company providing a single point of access for digital asset markets. The BTC Yield account will enable Hut 8 to earn at a 4 per cent rate of return on its BTC Holdings. With an initial investment of 1000 bitcoin, the Genesis [...]

Hut 8 Mining Corp. is pleased to announce the results of the Annual and Special Meeting of Shareholders held telephonically on December 30, 2020. As of November 2, 2020, which was the record date for the Meeting, there were 96,732,324 common shares of the Company outstanding and entitled to vote at the Meeting. Of this amount, there were 44,611,046 [...]

Hut 8 Mining Corp. is pleased to announce the appointment of Sue Ennis as Head of Investor Relations, effective January 4th, 2021 as part of the company's continued focus on building a dynamic and insightful team for future success. An experienced Fintech Advisor, Speaker and Chartered Investment Manager, Ms. Ennis has an established history as a [...]

Hut 8 Mining Corp. is pleased to announce that two new board members, Chris Eldredge and Sanjiv Samant, are proposed to join Hut 8 after a shareholder vote at the Company's Annual General Meeting held on December 30, 2020. In addition, incoming CEO Jaime Leverton will also be included as a proposed board member and Dennis Mills will not seek [...]

Hut 8 Mining Corp. today announces its financial results for the third quarter ending September 30, 2020. Hut 8 reports all amounts in Canadian Dollars unless otherwise stated. Q3-2020 Highlights Quarterly revenue of $5.8 million with mining profit margin of -37%. Revaluation gain related to Hut 8's bitcoin holdings of $5.6 million for the quarter [...]

Hut 8 Mining Corp. is pleased to announce the appointment of Jaime Leverton as CEO, effective December 1, 2020. Ms. Leverton is a highly accomplished technology executive and industry thought leader with a long history of driving high growth mandates. With more than 20 years of leadership in the Canadian technology industry, she is joining Hut 8 [...]