HUT

Hut 8 Corp. is a Bitcoin mining and high-performance computing infrastructure company operating in North America. The company mines Bitcoin using energy-efficient mining equipment deployed across multiple data centers in Canada and the United States. Hut 8 employs a strategy of self-mining Bitcoin while also generating revenue by providing hosting and managed services for institutional clients. The company maintains a significant Bitcoin treasury on its balance sheet as a long-term investment. Hut 8 differentiates itself through its focus on low-cost energy sources, including partnerships for renewable energy, and its diversification into high-performance computing infrastructure beyond cryptocurrency mining. The company was formed through the merger of Hut 8 Mining Corp. and US Bitcoin Corp. in 2023 and trades on the Nasdaq.