CORPORATE

One of the most experienced teams in the crypto industry

Revolutionizing the future of digital finance.

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About Hut 8

As one of North America’s oldest and largest digital asset miners, we’ve got an edge the competition can’t match, and the bitcoin holdings to back it up. We’ve been navigating Bitcoin market cycles and supporting sovereign systems since 2018. We know what the roadmap to digital mining success looks like.

And we’re not just on top of the trends — we’re setting them. In just four years, we’ve grown from a single partnership to one of the largest bitcoin miners globally, with the most self-mined bitcoin held along with expanded Ethereum mining and diversified revenue streams. All done with balance-sheet-first approach to how we run our business. Plus, we have one of the highest installed capacities in North America. And three different business lines that help us earn revenue. So, what’s next on tap? We’re manufacturing the future of finance and freedom by bridging the gap between traditional and nascent high-performance computing.

Bletchley Park Alan turing & Enigma Machine

The story behind “Hut 8”

Hut 8 was the name of the building at Bletchley Park where Alan Turing created the Bombe, a machine that could quickly crack the Enigma code and intercept enemy communications during World War II. Turing’s world-changing work in Hut 8 saved countless lives and transformed cryptography as we know it. His advances in codebreaking laid the foundation for Blockchain as it stands today.

Blazing the Trail Since 2018

Hut 8 has been beating records and breaking barriers since we started mining in 2018.

  • October 2017

    Hut 8 Mining Corp was formed 

  • March 2018

    Signs electricity supply agreement and commits $100 million construction to Medicine Hat 

  • May 2018

    Begins trading on OTCQX Best Market 

  • July 2018

    Completes construction of Medicine Hat facility and becomes operational 

  • July 2019

    Record quarterly amount of bitcoin mined of 2,816 for Q2 2019

  • October 2019

    Begins Trading on the Toronto Stock Exchange  

  • October 2019

    Changes custodian to BitGo 

  • August 2020

    Brings site operations and management in-house 

  • November 2020

    Appoints Jaime Leverton as CEO

  • February 2021

    Becomes one of the largest bitcoin miners globally with one of the highest installed capacities in North America 

  • March 2021

    Hut 8 proven balance sheet first approach to business management helps weather crypto winter: Hut 8 fiscal 2020 earnings release 246 increase in working capital 40 7M in total revenue 87 YOY increase in net income

  • April 2021

    Finalizes key power purchase agreement with Validus Power Corp.

  • April 2021

    Names head of sustainability 

  • April 2021

    Partners with Galaxy Digital on tailored lending deal that will enable Hut 8 to earn a 4% yield on 1,000 bitcoins, compliment to 4% earned on 1,000 Bitcoin with Genesis and Hut 8 yield initiatives on held Bitcoin

  • May 2021

    Hut 8 achieves record level revenue results in Q1 2021 balance sheet grows 134 over fiscal 2020

  • May 2021

    2021 Expands Mining Capacity with $30 Million USD Purchase of NVIDIA CMPs 

  • June 2021

    Gains approval to list on the NASDAQ  

  • June 28 2021

    Hut 8 provides corporate update & Goals of 3.0 E/H, and 5,000 Self Mined Bitcoin by end of 2021, & 6.0 E/H by mid 2022 

  • June 30 2021

    Hut 8 Announces purchase of 12,000 New Micro BT Miners for deployment by End of Q4 2021 

Executive team

Our experience runs deep with the most robust and diverse management team in digital asset mining.

Jaime Leverton
Jaime Leverton

Chief Executive Officer

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Shane Downey
Shane Downey

Chief Financial Officer

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Tanya Woods
Tanya Woods

General Counsel and Corporate Secretary, EVP Regulatory Affairs

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Sue Ennis
Sue Ennis

Head of Investor Relations and Corporate Development

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Ronnie Yu
Ronnie Yu

Head of Sustainability

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James Cresswell
James Cresswell

Head of Site Operations

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Jason Zaluski
Jason Zaluski

Head of Technology

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Melina Neron
Melina Neron

Human Resources

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Board of Directors

Bill Tai
Bill Tai

Chairman of the Board

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Joe Flinn
Joe Flinn

Board Member

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Alexia Hefti
Alexia Hefti

Board Member

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Jeremy Sewell
Jeremy Sewell

Board Member

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Jaime Leverton
Jaime Leverton

Board Member

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Rick Rickertsen
Rick Rickertsen

Board Member

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