SectorSoftware
Established Date09/06/2011
Listing Date15/06/2021
ExchangeNASDAQ Stock Exchange
Full-time Employees248
Fiscal Year Ends31/12
Security TypeCommon stock
Office address1101 Brickell Avenue, Suite 1500, Miami, Florida 33131
Business
IntroductionHut 8 Corp. was incorporated under the laws of British Columbia on June 9, 2011. Hut 8 is a cryptocurrency mining company with an industrial-scale Bitcoin mining business in Canada. Hut 8 provides investors with direct access to Bitcoin without the technical complexities or limitations of buying the underlying cryptocurrency. Investors do not need to create online wallets, wire transfers offshore, and securely store their bitcoins. For its mining activities, Hut 8 uses BlockBoxes, which are freight containers specially equipped for Bitcoin mining. BlockBox is modular, portable, and easier to upgrade to next-generation silicon technology.