Revenue of $60.6 million including $12.6 million from Managed Services Net Income of $6.2 million and Adjusted EBITDA of $62.3 million 9,195 self-mined Bitcoin on balance sheet as of December 31, 2023 MIAMI, March 28, 2024 -- Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's [...]
Hut 8 Corp. , one of North America's largest Bitcoin miners and energy infrastructure operators, will review fiscal year results via a conference call on Thursday March 28, 2024. Who: Analysts, media, and investors are invited to attend. What: Hut 8 executives will comment on recent corporate developments and review the Company's 2023 fiscal year [...]
Hut 8 Corp. , one of North America's largest Bitcoin miners and energy infrastructure operators, today announced the closure of its Drumheller site in Alberta, Canada. In line with ongoing restructuring and optimization initiatives designed to strengthen financial performance, the Company is executing several strategic measures at the site [...]
Hut 8 Corp. , one of North America's largest Bitcoin miners and energy infrastructure operators, is proud to share its operations report for February 2024. February 2024 January 2024 Total energy capacity under management 1 926 MW 839 MW Total deployed miners under management 2 258.2k 214.7K Total hashrate under management 3 27.0 EH/s 22.3 EH/s [...]
63 MW site, planned to be energized in Q2, will be Hut 8's newest North American mining operation Site expected to have up to approximately 3.6 EH/s of self-mining capacity Hut 8 to utilize its Bitcoin stack strategically to finance growth initiatives MIAMI, Feb. 27, 2024 -- Hut 8 Corp. , one of North America's largest, innovation-focused digital [...]
Hut 8 Corp. , one of North America's largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers has completed its previously announced stalking horse bid transaction to acquire four natural gas power plants in Ontario, Canada, in partnership with Macquarie Equipment Finance Ltd. , a subsidiary of [...]
Hut 8 Corp. , today announced that Asher Genoot, President and a member of the Hut 8 Board of Directors, has been appointed Chief Executive Officer, effective immediately. Mr. Genoot succeeds Jaime Leverton, who departs from Hut 8 as Chief Executive Officer, effective immediately. The Hut 8 Board of Directors has determined, following the [...]
Purpose-built software and firmware improving operating efficiencies Company signed multi-year managed services agreement with Ionic Digital With 9,116 Bitcoin on balance sheet, Hut 8 continues to have significant holdings giving it optionality ahead of the halving MIAMI, Feb. 06, 2024 -- Hut 8 Corp. , one of North America's largest, most [...]
Hut 8 Corp. , one of North America's largest, innovation-focused digital asset mining pioneers, and high-performance computing infrastructure provider has negotiated an agreement with the new owners of two of Hut 8's managed services sites - Charlie in Kearney, Nebraska, and Delta in Granbury, Texas - which includes a $13,568,000 payment made to [...]
Company providing end-to-end managed services for all of Ionic Digital's mining operations, including four existing sites in Texas and Ionic's Cedarvale site, where construction is underway Hut 8 to continue hosting 8,500 Ionic Digital miners at the Company's Alpha site Hut 8 taking an equity stake in Ionic Digital MIAMI, Feb. 01, 2024 -- Hut 8 [...]
Hut 8 Corp. , one of North America's largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, today announced that it has signed a four-year agreement with Ionic Digital to provide end-to-end managed services across all of its Bitcoin mining operations. The agreement includes Ionic's four [...]
Hut 8 Corp. , one of North America's largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, today announced that Matt Prusak, Chief Commercial Officer of the Company, will depart Hut 8 on January 31, 2024. As previously disclosed in filings from the Celsius Network LLC bankruptcy proceedings [...]
