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Hut 8

Enterprise Blockchain Processor, TAAL, becomes Hut 8’s Newest Hosting Services Partner
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28 May, 2021

Enterprise Blockchain Processor, TAAL, becomes Hut 8’s Newest Hosting Services Partner

Hut 8 will provide physical hosting and optimization services and access to competitive electrical power for 960 newly-purchased digital hashing...
Hut 8 seeks to raise close to $400M in latest offering
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13 April, 2021

Hut 8 seeks to raise close to $400M in latest offering

Per Hut 8’s short-form prospectus, the proposed offering would occur during the 25-month span in which the prospectus remains effective.
Hut 8 reports 87% rise in net income as it diversifies mining portfolio
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29 March, 2021

Hut 8 reports 87% rise in net income as it diversifies mining portfolio

Despite nearly doubling its net income, the company saw its total revenue drop from $82 million in 2019 to $40.7...
Mining firm Hut 8 announces preliminary filings ahead of CAD$500M issue
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16 March, 2021

Mining firm Hut 8 announces preliminary filings ahead of CAD$500M issue

When finalized, the filings will allow Hut 8 to make available securities and other instruments up to the value of...
Hut 8 completes $11.8M financing for new ASIC mining rigs
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28 January, 2021

Hut 8 completes $11.8M financing for new ASIC mining rigs

The Canada-based block reward miner will use the funds to provide a US$2.9 million deposit to purchase 5,400 new Whatsminer...
Hut 8 revenue dips in latest 2020 earnings reports
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19 November, 2020

Hut 8 revenue dips in latest 2020 earnings reports

The earnings report shows the firm generated revenue of US$4.3 million in Q3, down significantly from C$26.7 million during the...
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