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Hut 8 Mining Bitcoin Holdings

Public Companies that Own Bitcoin

Entity Country Symbol:Exchange # of BTC Value Today % of 21m
MicroStrategy MSTR:NADQ 130,000 130000 0.619%
Galaxy Digital Holdings BRPHF:OTCMKTS 40,000 40000 0.19%
Voyager Digital LTD VOYG:TSX 12,260 12260 0.058%
Tesla, Inc TSLA:NADQ 10,725 10725 0.051%
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%
Block, Inc. SQ:NYSE 8,027 8027 0.038%
Riot Blockchain, Inc. RIOT:NADQ 6,720 6720 0.032%

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 8,811 bitcoins as of Septenber 6, 2022.

When Did Hut 8 Most Recently Announce Their BTC Holdings?

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.

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.

Location

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 808688 808688 3.851%
Countries 50779 50779 0.242%
Public Companies 258531 258531 1.231%
Private Companies 316067 316067 1.505%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
2,381 2381
643,572 643572
6,720 6720
8,811 8811
9,000 9000
8,027 8027
10,725 10725