Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, will host a conference call and webinar on Wednesday, November 13, 2024 to review third quarter 2024 results. Who: Analysts, media, and investors are invited to attend. What: Hut 8 executives will review [...]
19.5 EH/s and 762 MW under management in mining with path to 33.5 EH/s Announced partnership with BITMAIN to host next-generation ASIC miner with purchase option to reach 20 EH/s of self-mining GPU-as-a-service subsidiary generating revenue with first cluster fully online Outstanding balance of Anchorage Digital loan equitized at price of $16.395 [...]
Anchorage Digital converted entire ~$38 million loan balance to common shares at a price of $16.395 per share Strengthens Company's financial position as it advances pipeline of AI and mining infrastructure opportunities MIAMI, Oct. 01, 2024 -- Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of [...]
Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced that its GPU-as-a-service vertical has begun generating revenue as the inaugural GPU cluster for an AI cloud developer comes fully online. The cluster, hosted at a tier-three data center in [...]
U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor Hut 8 plans to deploy model in Q2 2025 through ~15 EH/s hosting deployment with potential transition to self-mining through purchase option MIAMI, Sept. 19, 2024 -- Hut 8 Corp. , a leading, vertically integrated operator of [...]
Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for August 2024. "During August, we maintained our focus on low-cost operations and unit economics," said Asher Genoot, CEO of Hut 8. "Maximizing returns from our [...]
Revenue of $35.2 million and 9,102 self-mined Bitcoin on balance sheet as of quarter end Closed $150 million strategic investment from Coatue to partner in building AI infrastructure Miami, Aug. 13, 2024 -- Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners [...]
Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners today announced that Sean Glennan will become the Company's new Chief Financial Officer , effective August 21, 2024. Shenif Visram will be stepping down from his role as CFO for personal, family-related [...]
Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for July 2024. "We are continuing to see the impact of our ongoing optimization efforts in our self-mining business," said Asher Genoot, CEO of Hut 8. "Our average [...]
Media Advisory: Hut 8 Announces Conference Call to Discuss Second Quarter 2024 Results Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, will host a conference call and webinar on Tuesday, August 13, 2024 to review second quarter 2024 results. Who [...]
Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced it has entered into a power purchase agreement and other definitive agreements for a site in West Texas with exclusive access to 205 megawatts of immediately available power capacity and [...]
Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for June 2024. "Our corporate development team made significant progress this month advancing the expansion opportunities in our previously announced pipeline of more [...]
