Hut 8 Announces Resignation of Board Member
Toronto, Ontario--(Newsfile Corp. - April 6, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announces that Gerri Sinclair has resigned from the Company's board of directors, effective April 3, 2020."The Board of Directors and Hut 8 management would like to thank Gerri Sinclair for her valued contribution over the past two years and wish her...
2020-04-06 5:30 PM EDT
Hut 8 Reports 2019 Year-End Financial Results
Toronto, Ontario--(Newsfile Corp. - April 3, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announces its financial results for the year ended December 31, 2019. Hut 8 reports all amounts in Canadian Dollars unless otherwise stated.A conference call has been scheduled to discuss the Company's year-end financial results, hosted by CEO Andrew...
2020-04-03 8:30 AM EDT
Hut 8 Announces Release Date for Audited Fiscal Year 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - March 31, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announced that it will release its fiscal year 2019 financial results pre-market open on Friday, April 3, 2020.A conference call has been scheduled to discuss the Company's year-end financial results, hosted by CEO Andrew Kiguel and CFO Jimmy...
2020-03-31 6:18 PM EDT
Hut 8 Responds to Coronavirus (COVID-19) Pandemic Concerns and Drop in Bitcoin Price
Toronto, Ontario--(Newsfile Corp. - March 13, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest publicly listed bitcoin mining companies by operating capacity and market capitalization, provides an update to shareholders regarding risks due to the impact of the coronavirus (COVID-19) pandemic and the significant drop in the price of bitcoin. To combat the significant drop in the price of bitcoin over the last 48 hours, Hut...
2020-03-13 5:00 PM EDT
Hut 8 Announces Successful Re-negotiations to Key Agreements with Bitfury and Refinance of Debt
Toronto, Ontario--(Newsfile Corp. - February 21, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest publicly listed bitcoin mining companies by operating capacity and market capitalization, announces that further to the press release on January 28, 2020, the amendments to key agreements with Bitfury Holding BV ("Bitfury") have now been successfully finalized. As part of this transaction, Hut 8 has repaid US$4.75 of debt and US$1 million...
2020-02-21 5:30 PM EST
Hut 8 Announces Leadership Transition and Amendment of Key Agreements with Bitfury
Toronto, Ontario--(Newsfile Corp. - January 28, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest publicly listed bitcoin mining companies by operating capacity and market capitalization, announces that Andrew Kiguel will be stepping down from his role as Chief Executive Officer. Andrew will remain the Chief Executive Officer and a member of the Board of Directors until a successor is appointed. The company will begin a thorough search...
2020-01-28 7:45 AM EST
Hut 8 Mining Announces Closing of Drumheller Expansion
Toronto, Ontario--(Newsfile Corp. - November 28, 2019) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announced today that its purchase of 9 Blockbox AC data centers for US$7 million from the Bitfury Group ("Bitfury") at its facility in Drumheller, Alberta is now fully operational. The acquisition added approximately 16% of capacity to Hut 8's existing...
2019-11-28 5:30 PM EST
Hut 8 Mining Announces Successful Refinancing Of Its Debt
Toronto, Ontario--(Newsfile Corp. - November 22, 2019) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announced that it has refinanced its existing credit facility with a new loan with Genesis Global Capital ("Genesis"). A new US$15 million credit facility with Genesis ("Loan") will replace and terminate a previous US$14 million loan with Galaxy...
2019-11-22 7:30 AM EST
Hut 8 Mining Reports Financial Results for the Third Quarter of 2019
Toronto, Ontario--(Newsfile Corp. - November 7, 2019) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces its financial results for the three and nine months ended September 30, 2019. Hut 8 reports all amounts in Canadian Dollars unless otherwise stated.Q3-2019 Highlights:Revenue of $26.7 million; Mining Profit Margin of 58%, and Adjusted EBITDA...
2019-11-07 7:30 AM EST
Hut 8 Mining Corp. Announces Change of Custodian to BitGo
Toronto, Ontario--(Newsfile Corp. - October 11, 2019) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that it has agreed to move the custody of its bitcoin to BitGo Trust Company Inc. ("BitGo"). Hut 8's current custodian, Xapo GmbH, announced on August 15, 2019, that they were exiting the institutional custodian business. After a thorough...
2019-10-11 4:30 PM EDT
Hut 8 Mining Corp. Provides Business Update and Date for Third Quarter 2019 Financial Results
Approval for trading on the Toronto Stock Exchange. Toronto, Ontario--(Newsfile Corp. - October 10, 2019) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining...
2019-10-10 8:00 AM EDT
Hut 8 Announces Filing of Material Change Reports
Toronto, Ontario--(Newsfile Corp. - October 4, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, has filed seven material change reports related to prior related party transactions. These transactions were for various purchases of BlockBox Data Center AC's from the Bitfury Group ("Bitfury"), amendments to the previously disclosed master purchase...
2019-10-04 7:00 PM EDT
Hut 8 to Begin Trading on the Toronto Stock Exchange on October 8, 2019
Toronto, Ontario--(Newsfile Corp. - October 3, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that it will begin trading on the Toronto Stock Exchange ("TSX") on Tuesday October 8, 2019.Further to our press release dated September 24, 2019, Hut 8 has satisfied all the requirements set out by the TSX Sandbox program to begin trading on...
2019-10-03 8:00 AM EDT
Hut 8 Announces Conditional Approval for Graduation to Toronto Stock Exchange via TSX Sandbox
Toronto, Ontario--(Newsfile Corp. - September 24, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that it has been conditionally approved to be listed on the Toronto Stock Exchange ("TSX") via TSX Sandbox. Hut 8 is proud to be the first company to be listed via TSX Sandbox and the first blockchain or cryptocurrency company to be...
2019-09-24 8:00 AM EDT
Hut 8 to Acquire Additional Data Centers Adding 13% Operational Capacity
Toronto, Ontario--(Newsfile Corp. - September 9, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public bitcoin mining companies by operating capacity and market capitalization, is pleased to announce the acquisition of 9 Blockbox ACTM data centers for US$7 million from the Bitfury Group ("Bitfury") at its facility in Drumheller, Alberta. The
2019-09-09 8:00 AM EDT
Hut 8 Mining Corp. Adds Additional Capacity to its City of Medicine Hat Facility
Toronto, Ontario--(Newsfile Corp. - September 3, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF)("Hut 8" or "the Company"), one of the world's largest public bitcoin mining companies by operating capacity and market capitalization, is pleased to announce an increase to 67 MW, an incremental 4.3 MW, to its operating facility in the City of Medicine Hat, effective August 28th, 2019.This additional electricity will bring Hut 8's aggregate load, across all operations, to 99.5 MW and...
2019-09-03 8:00 AM EDT
Hut 8 Mining Corp. Reports Record Financial Results for the Second Quarter of 2019
Toronto, Ontario--(Newsfile Corp. - August 19, 2019) - Hut 8 Mining Corp. ("Hut 8" or "the Company") (TSXV: HUT) (OTCQX: HUTMF), one of the world's largest public bitcoin mining companies by operating capacity and market capitalization, announces its financial results for the second quarter ended June 30, 2019. Hut 8 reports all amounts in Canadian Dollars unless otherwise stated.Q2-2019 Highlights:Record quarterly revenue of $28.3 million and Adjusted EBITDA of $17.3 million.Record quarterly...
2019-08-19 8:00 AM EDT
Reminder: Hut 8 Mining Corp. To Announce Second Quarter 2019 Financial Results And Host Investor Conference Call on August 19th
Toronto, Ontario--(Newsfile Corp. - August 12, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity, will release its second quarter 2019 financial results prior to market open on Monday, August 19, 2019. This will be followed by a conference call hosted by Andrew Kiguel and
2019-08-12 8:30 AM EDT
Hut 8 Mining Corp. Announces Board Changes
Toronto, Ontario--(Newsfile Corp. - July 22, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announced that Jeremy Sewell, Chief Financial Officer of the Bitfury Group, has been elected to Hut' 8's board of directors to replace Valery Vavilov, CEO and founder of the Bitfury Group."We are grateful to Valery for his contributions to Hut 8...
2019-07-22 4:30 PM EDT
Hut 8 Mining Corp. Announces Record Amount of Bitcoin Mined and Date for Second Quarter 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - July 8, 2019) - Hut 8 Mining Corp. (TSXV: HUT) (OTCQX: HUTMF)
2019-07-08 8:00 AM EDT