Hut 8 Mining Corp. is pleased to provide the following corporate update with respect to its latest strategic purchase. Hut 8 has executed on a $58.7 million USD purchase of 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong Kong Limited, representing a cost of approximately $50/Terahash, with aggregate incremental [...]
Hut 8 Mining Corp. is pleased to be joining the 2021 Dubai Edition of Alternative Investment Management Summit . On Tuesday, October 12 from 11:55 AM - 12:55 PM GMT+4, Jaime Leverton, CEO of Hut 8, will join the AIM Summit's Crypto Mining Public Company Panel. "I feel fortunate to have the opportunity to travel to Dubai alongside my team in an [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update. Mining Production Highlights for September 2021: 264 Bitcoin were mined, resulting in an average production rate of 9.11 Bitcoin per day. 100% of the self-mined Bitcoin for the month of September were deposited into custody, consistent with Hut 8's Hodl strategy. Total Bitcoin [...]
Hut 8 Mining Corp. today announced the closing of its previously announced underwritten public offering of common shares in the USA and Canada. The Company sold 20,182,500 Common Shares including the full exercise of the underwriters' option to purchase an additional 2,632,500 Common Shares. The Common Shares were offered to the public at a price [...]
Hut 8 Mining Corp. today announced the pricing of its previously announced underwritten public offering in the USA and Canada. The Company has agreed to sell to the underwriters 17,550,000 common shares at a price of US$8.55 per share resulting in total gross proceeds to the Company of US$150,052,500. The Offering is expected to close on September [...]
Hut 8 Mining Corp. today announced the launch of a proposed underwritten public offering in the US and Canada. The Offering is expected to be priced in the context of the market, with the final terms of the Offering to be determined at the time of pricing. There can be no assurance as to whether or when the Offering may be completed, or as to the [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update. Hut 8 has achieved a strategic milestone in our relationship with MicroBT, with the execution of a Repair Services Agreement. The Agreement allows for Hut 8 to complete in-warranty work on MicroBT miners for all of North America on-site in Medicine Hat, Alberta. This [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update. Mining Production Highlights for August 2021: 326 Bitcoin mined, resulting in average production of 10.5 Bitcoin per day 100% of self-mined Bitcoin were deposited into custody as of August 31, consistent with Hut 8's "hodl" strategy Total Bitcoin balance held in reserve: 4,450 [...]
Hut 8 Mining Corp. is pleased to announce that CEO Jaime Leverton will join a panel discussion at the Benzinga Crypto Festival, which wraps up two days of virtual cryptocurrency discourse on Wednesday. From 2:30 PM - 3:00 PM ET, Leverton will join three other industry leaders on a panel titled "Profit-Making Opportunities in Crypto Mining: Present [...]
Hut 8 Mining Corp. is pleased to be joining BMO's 2021 Technology Summit taking place digitally from Tuesday, August 24 to Wednesday, August 25, 2021. Today from 2:00 PM - 2:45 PM ET, Jaime Leverton, CEO, Hut 8 will join the summit's Crypto Mining Panel. A replay of the discussion will be shared at hut8mining.com following the event for those [...]
Hut 8 Mining Corp. is pleased to announce its financial results for the quarter ending June 30, 2021. All dollar figures are in Canadian Dollars , unless otherwise stated. BITCOIN INVENTORY AND VALUE Hut 8 continues to strategically emphasize its "hodl" strategy, taking active steps to generate Canadian and US dollars to help fund operating [...]
Hut 8 Mining Corp. is pleased to be joining Canaccord Genuity's 41st Annual Growth Conference. On August 11, 2021 at 3:00 PM ET, Jaime Leverton, CEO, will join the conference to present a Company overview along with the latest updates from Hut 8 Mining. Those wishing to attend can register ahead of the event via the link here. About Hut 8: Hut 8 is [...]