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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 140,000 140000 0.667%
Voyager Digital LTD VOYG:TSX 12,260 12260 0.058%
Marathon Digital Holdings Inc MARA:NADQ 11,568 11568 0.055%
Tesla, Inc TSLA:NADQ 10,725 10725 0.051%
Hut 8 Mining Corp HUT:NASDAQ 9,265 9265 0.044%
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 7,112 7112 0.034%

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 9,265 bitcoins as of April 30, 2023.

When Did Hut 8 Most Recently Announce Their BTC Holdings?

On May 9th, Hut 8 (Nasdaq: HUT) (TSX: HUT) announced that they had mined 132 bitcoins during April, and had not sold any of their production for that month.

Hut 8 announced they are currently mining with an average production rate of 4.4 bitcoin per day.

The company had sold all of it's February production and part of the March production to fund operating cost.

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 819125 819125 3.901%
Countries 244779 244779 1.166%
Public Companies 232500 232500 1.107%
Private Companies 427381 427381 2.035%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
200,000 200000
2,381 2381
643,572 643572
7,112 7112
9,265 9265
53,000 53000
8,100 8100
9,000 9000
11,568 11568
8,027 8027
10,725 10725