|Entity||Country||Symbol:Exchange||# of BTC||Value Today||% of 21m|
|Galaxy Digital Holdings||BRPHF:OTCMKTS||40,000||40000||0.19%|
|Voyager Digital LTD||VOYG:TSX||12,260||12260||0.058%|
|Marathon Digital Holdings Inc||MARA:NADQ||10,311||10311||0.049%|
|Coinbase Global, Inc.||COIN:NADQ||9,000||9000||0.043%|
|Hut 8 Mining Corp||HUT:NASDAQ||8,811||8811||0.042%|
|Riot Blockchain, Inc.||RIOT:NADQ||6,720||6720||0.032%|
Hut 8 is one of the world's largest Bitcoin mining companies. The company is based in Toronto, Canada.
Hut 8 Mining owns 8,811 bitcoins as of Septenber 6, 2022.
On September 6, 2022, Hut 8 (Nasdaq: HUT) (TSX: HUT) announced that they added 375 bitcoins to their holdings during the month of August.
Hut 8 announced they are currently mining with an average production rate of 12.1 bitcoin per day.
The company seems focused on holding bitcoins, as their recently press release states:
Keeping with our longstanding HODL strategy, 100% of the self-mined Bitcoin in July were deposited into custody
This means Hut 8 is planning to hold its bitcoins long term, rather than sell them for cash.
Yes, Hut 8 is a public company listed on the NASDAQ and also on the Toronto Stock Exchange (TSX). You can view its live share price here.
You can view the video below to see an example of one of the company's mines:
Hut 8 uses a mix of hydro and nuclear power.
A map of the company's mining centers can be found below:
The company also mines Ethereum, however it does not hold the ethereum long term. Instead, it converts the coins into Bitcoin.
In Hut 8's recent press release, the company states:
Our Ethereum mining – for which we receive payment in Bitcoin – generated approximately 10.7% of our total production
|Category||# of BTC||Value Today||% of 21m|
|Entity||Country||# of BTC||Value Today|
|Grayscale Bitcoin Trust||643,572||643572|
|Riot Blockchain, Inc.||6,720||6720|
|Hut 8 Mining Corp||8,811||8811|
|Coinbase Global, Inc.||9,000||9000|