| Entity | Country | Symbol:Exchange | Filings & Sources | # of BTC | Value Today | % of 21m |
|---|---|---|---|---|---|---|
| Hut 8 Corp |
|
HUT:NASDAQ | Filing | News | 9,109 | $883,657,167 | 0.043% |
What is Hut 8?
Hut 8 is one of the world's largest Bitcoin mining companies. The company is based in Toronto, Canada.
How Much Bitcoin Does Hut 8 Mining Own?
Hut 8 Mining owns 9109.0 bitcoins as of Sept. 12, 2024.(1).
When Did Hut 8 Most Recently Announce Their BTC Holdings?
On May 6, 2024, Hut 8 (Nasdaq: HUT) (TSX: HUT) announced that they had selfed mined 148 bitcoins during April of 2024.(2).
Hut 8 also announced it would be ending it's managed services at the Kearney, Nebraska and Granbury, Texas mining sites on April 30, 2024.
While Hut 8 has a goal of holding its bitcoins long term, rather than selling them for cash, they are prepared to sell if necessary for debt management and mining hardware improvements.
Is Hut 8 Public?
Yes, Hut 8 is a public company listed on the NASDAQ and also on the Toronto Stock Exchange (TSX). You can view its live share price here.
What Do Hut 8's Mines Look Like?
You can view the video below to see an example of one of the company's mines:
Does the Company Use Renewable Energy?
Hut 8 uses a mix of hydro and nuclear power.
Location
A map of the company's mining centers can be found below:
Does Hut 8 Mine Ethereum?
The company also mines Ethereum, however, it does not hold the Ethereum long term. Instead, it converts the coins into Bitcoin.
In Hut 8's recent press release, the company states:
Our Ethereum mining – for which we receive payment in Bitcoin – generated approximately 10.7% of our total production
Hut 8 Corp Purchase History
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