Hut 8 Mining Corp. is pleased to announce it has filed a preliminary base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada and a corresponding shelf registration statement on Form F-10 with the U.S. Securities and Exchange Commission under the U.S./Canada Multijurisdictional Disclosure [...]
Hut 8 Mining Corp. is pleased to announce Hut 8 full year end financials will be released on Thursday, March 25th 2021. The Company will host a shareholder call at 10:00 a.m. Eastern time on March 25th 2021. Shareholders will hear Hut 8 Executives review the fourth quarter financial results and fiscal 2020 year end, in addition to a market outlook [...]
Hut 8 Mining Corp. announced that it has paid back its US$20M loan with Genesis Global Capital LLC as planned, in full. The repayment of this loan means an extra $U2.4M for Hut 8, driven by the savings from interest expenses of US$1.6M. "Hut 8 initially took out this loan with Genesis in November 2019 when bitcoin was close to US$7,000. This loan [...]
Today Hut 8 Mining Corp. announced that it has entered into exclusive partnership discussions with Validus Power Corp. to secure new revenue streams and energy solutions for its bitcoin mining operations. The partnership discussions show forward-thinking leadership and both companies' dedication to future-forward innovation that will truly ignite [...]
Hut 8 Mining Corp. announced that its bitcoin balance of 3,012 as of the end of day Tuesday, February 16 is valued at $186M Canadian. Hut 8, one of North America's oldest and highest installed capacity Canada-based Bitcoin miner is pleased to announce the following results: Hut 8 holds 3,012 bitcoin on its current balance sheet as of 5pm ET on [...]
To-date, 400 M30S miners have been successfully installed following the scheduled delivery of the first batch of 5400 machines ordered, adding an additional 35 PH to Hut 8's mining capacity Hut 8 Mining Corp. announced today that the first batch of machines ordered on January 22, 2021 has been delivered and successfully installed on schedule. Hut [...]
Hut 8 Mining Corp. is pleased to announce it has been ranked 11th out of 10,000 in the 2021 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal [...]
As part of its commitment to shareholders repayment to Genesis Global Capital reduces capital expenditures and saves Hut 8 U$1.6M per year Hut 8 Mining Corp. announced today that it has finalized plans to repay its U$20M loan with Genesis Global Capital . The Genesis loan allowed the company to hold a larger bitcoin balance by using its bitcoin as [...]
Hut 8 Mining Corp. , a publicly listed bitcoin mining company, is pleased to announce the appointment of Tanya Woods as General Counsel, Executive Vice President of Regulatory Affairs, effective February 1st, 2021. A key role in the company's transition, Ms. Woods joins a diverse and ambitious team, under the direction of newly appointed CEO Jaime [...]
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 [...]
