HUT Company Overview
Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.
Company Contact
Headquarters
1101 Brickell Avenue, Suite 1500
Miami, FL
33131
Invested 1/13/2021
@ 5.145
*Hut 8 Launches American Bitcoin with Eric Trump, Donald Trump Jr. to Grow Mining Operations
6:55 AM ET 3/31/25 | MT Newswires
Hut 8 Launches American Bitcoin with Eric Trump, Donald Trump Jr. to Grow Mining Operations
06:55 AM EDT, 03/31/2025 (MT Newswires) -- Hut 8 (HUT) said Monday it created a new Bitcoin-focused unit, American Bitcoin, by transferring most of its mining machines to a joint venture backed by Eric Trump and Donald Trump Jr, among others.
The venture was formed by renaming and relaunching American Data Centers, in which Hut 8 now holds an 80% interest following the asset transfer, the company said.
American Bitcoin will handle all mining activity previously under Hut 8's Compute segment, with Hut 8 continuing to provide infrastructure and operational services under long-term agreements, Hut 8 said.
The company also said its unit is targeting more than 50 EH/s capacity with improved energy efficiency and plans for a future public listing.
American Bitcoin's executive team includes Eric Trump as chief strategy officer, Mike Ho as executive chairman, and Matt Prusak as CEO, Hut 8 added.
Shares of the company were up 9.4% in recent Monday premarket activity.
***Hut 8 Announces Plans to List on NASDAQ
7:30 AM ET 5/12/21 | Dow Jones
TORONTO, May 12, 2021 /CNW/ - Hut 8 Mining Corp. (TSX: HUT) ("Hut 8" or the "Company"), one of North America's oldest and largest innovation-focused bitcoin miners, is pleased to announce that the Company has applied for a listing of its common shares on the NASDAQ Global Market ("NASDAQ").
Jaime Leverton, CEO of Hut 8 commented: "Since we filed our F-10 in March, we have been continuing to actively move forward with the NASDAQ listing process. We are incredibly excited about what this means for Hut 8 and are proud to pursue the opportunity to join the ranks of global technology companies listed in the U.S"
The listing of the Company's common shares on the NASDAQ remains subject to the approval of the NASDAQ and the satisfaction of all applicable quantitative and qualitative listing and regulatory requirements. The Company will maintain the listing of its common shares on the Toronto Stock Exchange under the symbol "HUT".
*DJ HUT 8 Expands Mining Capacity With $30 Million Purchase of NVIDIA CMPs
7:30 AM ET 3/26/21 | Dow Jones
*Global and Canadian First: Hut 8 Mining Inc. Signals Bold Energy and Blockchain Innovation Play Through Exclusive with Global Energy Partner Validus Power Corp.
6:00 AM ET 2/22/21 | Dow Jones
*Hut 8 Finalizes $11.8 Million Equipment Financing Loan from DCG-subsidiary Foundry
7:30 AM ET 1/22/21 | Dow Jones