Hut 8 Corp. (HUT.TO)

11.84 -0.48 (-3.90%) At close: 04:00PM EDT

Hut 8 Corp.

1101 Brickell Avenue
Suite 1500
Miami, FL 33131
United States
305 224 6427
https://hut8.com

Sector(s): Financial Services
Industry: Capital Markets
Full-time employees: 219

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Asher Kevin Genoot	Co-Founder, CEO, President & Director	751.04k	N/A	1996
Mr. Michael Ho	Co- Founder, Chief Strategy Officer & Director	741.42k	N/A	1994
Mr. Shenif Visram C.M.A., CPA	Chief Financial Officer	N/A	N/A	1974
Mr. James Beer	Senior Vice President of Operations	N/A	N/A	N/A
Mr. Victor Semah	Chief Legal Officer	N/A	N/A	1983
Ms. Suzanne Ennis	Vice President of Corporate Development	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing – Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

Corporate governance

Hut 8 Corp.’s ISS governance QualityScore as of 1 June 2024 is 5. The pillar scores are Audit: 7; Board: 3; Shareholder rights: 2; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.