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Hut 8 Mining Bitcoin Holdings

MORE IN THIS CATEGORY Largest Owners of Bitcoin

Public Companies that Own Bitcoin

Entity Country Symbol:Exchange # of BTC Value Today % of 21m
MicroStrategy MSTR:NADQ 174,530 174530 0.831%
Marathon Digital Holdings Inc MARA:NADQ 13,396 13396 0.064%
Tesla, Inc TSLA:NADQ 10,725 10725 0.051%
Hut 8 Mining Corp HUT:NASDAQ 9,113 9113 0.043%
Coinbase Global, Inc. COIN:NADQ 9,000 9000 0.043%
Galaxy Digital Holdings BRPHF:OTCMKTS 8,100 8100 0.039%
Block, Inc. SQ:NYSE 8,027 8027 0.038%
Riot Platforms, Inc. RIOT:NADQ 7,345 7345 0.035%

What is Hut 8?

Hut 8 is one of the world's largest Bitcoin mining companies. The company is based in Toronto, Canada.

How Much Bitcoin Does Hut 8 Mining Own?

Hut 8 Mining owns 9,113 bitcoins as of November 6, 2023(1).

When Did Hut 8 Most Recently Announce Their BTC Holdings?

On November 6, 2023, Hut 8 (Nasdaq: HUT) (TSX: HUT) announced that they had mined 112 bitcoins during October.(2).

From July to October of 2023, Hut8 has sold 365 of their bitcoin production, starting with the sale of 100 bitcoin during July, which was the first sale of bitcoin since March of 2023.

While Hut 8 has a goal of holding its bitcoins long term, rather than selling them for cash, they are prepared to sell if necessary for debt management and mining hardware improvements.

➤ MORE: Who owns the most bitcoins?

Is Hut 8 Public?

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.

What Do Hut 8's Mines Look Like?

You can view the video below to see an example of one of the company's mines:

Does the Company Use Renewable Energy?

Hut 8 uses a mix of hydro and nuclear power.


A map of the company's mining centers can be found below:

Does Hut 8 Mine Ethereum?

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

Total of Bitcoins Owned by Entities

Category # of BTC Value Today % of 21m
ETFs 819125 819125 3.901%
Countries 451968 451968 2.152%
Public Companies 262676 262676 1.251%
Private Companies 429381 429381 2.045%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
200,000 200000
2,381 2381
643,572 643572
7,345 7345
9,113 9113
55,000 55000
8,100 8100
9,000 9000
13,396 13396
8,027 8027
10,725 10725
Article Sources

BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.

  1. U.S. Securities and Exchange Commission - HUT 8 MINING CORP., https://www.sec.gov/edgar/browse/?CIK=1731805
  2. Hut8 - Hut 8 Mining Production and Operations Update for October 2023, https://www.globenewswire.com/news-release/2023/11/06/2773882/0/en/Hut-8-Mining-Production-and-Operations-Update-for-October-2023.html
  3. BuyBitcoinWorldWide.com - Bitcoin Treasuries, https://buybitcoinworldwide.com/treasuries/