Hut 8 Mining Corp.

Recent News

  • Hut 8 Mining Corp. Announces Closing of CAD$77.5 Million Offering with Institutional Investors

    Toronto, Ontario--(Newsfile Corp. - January 13, 2021) -  Hut 8 Mining Corp. (TSX: HUT) (the "Company") is pleased to announce that it has closed its previously announced private placement of equity securities (the "Offering"). The Offering was for gross proceeds of CAD$77,500,000 and consisted of the sale of 15,500,000 common shares (the "Offered Shares") and warrants to purchase up to 7,750,000 common shares at a purchase price of CAD$5.00 per Offered Share and associated Warrant. Each Warrant will entitle the...

    2021-01-13 7:27 PM ET
  • Hut 8 Mining Corp. Announces CAD$77.5 Million Private Placement with Institutional Investors

    Toronto, Ontario--(Newsfile Corp. - January 11, 2021) - Hut 8 Mining Corp. (TSX: HUT) (the "Company") is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares ("Common Shares") and warrants to purchase common shares ("Warrants") to institutional investors for gross proceeds of CAD$77,500,000 (the "Private Placement"). Pursuant to the Private Placement, the Company will issue 15,500,000 Common Shares and Warrants to purchase up to 7,750,000 Common Shares at a...

    2021-01-11 2:15 AM ET
  • Hut 8 Mining Corp opens Bitcoin Yield Account with Genesis

    Toronto, Ontario--(Newsfile Corp. - January 6, 2021) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), a publicly listed bitcoin mining company, today announced the opening of a Bitcoin (BTC) Yield Account in partnership with Genesis Global Capital, a company providing a single point of access for digital asset markets. The BTC Yield account will enable Hut 8 to earn at a 4 per cent rate of return on its BTC Holdings. With...

    2021-01-06 6:30 PM ET
  • Hut 8 Announces Results of 2020 Annual and Special Meeting of Shareholders

    Toronto, Ontario--(Newsfile Corp. - December 30, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company") is pleased to announce the results of the Annual and Special Meeting of Shareholders (the "Meeting") held telephonically on December 30, 2020.As of November 2, 2020, which was the record date for the Meeting, there were 96,732,324 common shares of the Company outstanding and entitled to vote at the Meeting. Of this amount, there were 44,611,046 common shares represented...

    2020-12-30 6:44 PM ET
  • Hut 8 Continues to Add Talent to Roster with the Appointment of Sue Ennis as Head of Investor Relations

    Toronto, Ontario--(Newsfile Corp. - December 16, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), a publicly listed bitcoin mining company, is pleased to announce the appointment of Sue Ennis as Head of Investor Relations, effective January 4th, 2021 as part of the company's continued focus on building a dynamic and insightful team for future success.An experienced Fintech Advisor, Speaker and Chartered Investment Manager, Ms. Ennis has an established history as a champion...

    2020-12-16 8:45 AM ET
  • Hut 8 Proposes Two New Board Members

    Toronto, Ontario--(Newsfile Corp. - December 1, 2020) -  Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), a publicly listed bitcoin mining company, is pleased to announce that two new board members, Chris Eldredge and Sanjiv Samant, are proposed to join Hut 8 after a shareholder vote at the Company's Annual General Meeting held on December 30, 2020. In addition, incoming CEO Jaime Leverton will also be included as a proposed board member and Dennis Mills...

    2020-12-01 8:45 AM ET
  • Hut 8 Reports Third Quarter 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - November 12, 2020) -  Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), a publicly listed bitcoin mining company, today announces its financial results for the third quarter ending September 30, 2020 ("Q3-2020"). Hut 8 reports all amounts in Canadian Dollars unless otherwise stated.Q3-2020 HighlightsQuarterly revenue of $5.8 million with mining profit margin of -37%.Revaluation gain related to Hut 8's bitcoin holdings of $5.6 million for the quarter with a bitcoin price...

    2020-11-12 8:45 AM ET
  • Hut 8 Appoints Jaime Leverton as CEO

    Toronto, Ontario--(Newsfile Corp. - November 2, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), a publicly listed bitcoin mining company, is pleased to announce the appointment of Jaime Leverton as CEO, effective December 1, 2020.Ms. Leverton is a highly accomplished technology executive and industry thought leader with a long history of driving high growth mandates. With more than 20 years of leadership in the Canadian technology industry, she is joining Hut 8 from her...

    2020-11-02 8:45 AM ET