Thrilled to welcome Mark Eidelman to @Hut8Corp as Head of IR. 17 years at @jpmorgan before leading investor relations at @nexteraenergy. The right person at the right time.
Hut 8 welcomes Mark Eidelman to the team as Head of Investor Relations and Senior Vice President of Strategic Finance.
Before joining Hut 8, Mark led investor relations at NextEra Energy Inc., where he was ranked #2 Investor Relations Professional in Utilities on Extel’s 2025 All-America Executive Team. He brings 17 years of experience in corporate and investment banking at J.P. Morgan, most recently as a managing director, where he led the execution of more than $75 billion in debt, equity, and structured financings, primarily in the power, utility, and renewables industries.
Read the full release: https://t.co/unYWpA3BAK
Sunshine, startups, and @ABTC 🌴@EricTrump and @ashergenoot break down why #Florida is the new capital for #innovation, business, and bold ventures along with great weather and communities.
Watch now on YouTube 🎥 https://t.co/Oi64QmvS7a
#Entrepreneurship#MiamiTech #eMergeAmericas #TechHub #BusinessGrowth #crypto
$HUT CEO @ashergenoot says their Beacon Point site in Texas is one of the most power dense datacenter buildings in the world.
"Nvidia actually wanted us to share they were design partner on this campus because of how exciting and innovating it is"
@Hut8Corp@nvidia
It's been 1 year of ABTC, but every decision is measured the same way: does it increase Bitcoin per share.
Through accumulation, efficiency gains, and careful capital use, we aim to grow each shareholder's Bitcoin per share over time. #ABTC@ashergenoot
The anti-datacenter movement is growing. Water, energy, and fear about jobs.
"What's driving this are fears that are not true" says @ashergenoot CEO @Hut8Corp
"Datacenters are asked to pay for all the up-front CAPEX... you are actually investing into a better grid for everyone else to use"
A data center campus is a multi-decade commitment to a community. We believe that commitment begins long before the foundation is poured.
As we develop our one-gigawatt Beacon Point project in Nueces County, Texas, we intend to be a thoughtful and enduring presence in the Coastal Bend.
This spring, we sponsored the Buc Days Build, a project organized in partnership with Habitat for Humanity Corpus Christi. Alongside fellow volunteers at the city's annual Buc Days festival, members of our team helped raise the frame of what will become home for the Ramon family — a single mother and her two daughters in Robstown.
We are proud to support organizations and initiatives that strengthen the communities where we build. Our thanks to Habitat for Humanity Corpus Christi and Buc Days for allowing us to be part of this effort. We look forward to continuing to support the Coastal Bend community in meaningful and lasting ways.
Ranked #15 globally among publicly-traded Bitcoin companies.
Since our Nasdaq debut:
7,500+ BTC accumulated
>3x growth in Bitcoin Reserve
700+ Satoshis Per Share — >2x since debut
Climbed 15 ranks in just over 8 months
The accumulation machine doesn't stop. #ABTC
I can't overstate how far this team has come. US Bitcoin Corp started lean, hungry, and ambitious. At the end of 2023, we merged with Hut 8, and a few months later, I became CEO.
Everything that we’ve achieved since then is the work of our team. We've moved faster and gone further than anyone thought possible — and our ambition is only growing.
I'm incredibly proud of what this team has built and honored to lead it every day. Now let’s keep building!
Hut 8 is officially a Great Place to Work® @GPTW_US.
This certification, based on an anonymous employee survey, reflects the pride we take in our work, the trust our leadership team has earned, and the camaraderie that unites our teams.
Our culture is what makes ambitious work possible. Hut 8 is building a platform designed to evolve alongside energy-intensive technologies for decades to come, and execution at that scale takes alignment, accountability, and trust.
We're hiring across our platform. Come build with us: https://t.co/XIWF1Ka9uC
I sat down with Hut 8 CEO @ashergenoot to discuss how he built a $12 billion company by embracing AI data centers and bitcoin mining.
This conversation is packed with unique, nuanced insights into an industry that everyone is obsessed with right now.
Enjoy!
YouTube: https://t.co/SGNhVrHGth
Apple: https://t.co/5mqmU92fuG
Spotify: https://t.co/IQSRJEYuNw
TIMESTAMPS:
0:00 - Intro
0:45 - Bitcoin mining to AI: the transition
3:09 - Data centers & community pushback
8:52 - Co-location & energy campuses
11:42 - Mega sites vs. smaller urban campuses
13:08 - Hardware innovation inside the data center
17:15 - How Hut 8 lands billion-dollar contracts
20:01 - The River Bend financing structure
24:19 - Build vs. acquire strategy
25:18 - Bottlenecks slowing AI buildout
27:36 - What keeps Asher up at night
30:40 - American Bitcoin update
$HUT
"Our institutional ownership went from sub 10% to over 70% today," says @Hut8Corp CEO @ashergenoot. "We have largest investors in the world who are investors in the company." $HUT
https://t.co/ntgnBqD2sY
Hut 8 CEO @ashergenoot will appear on @CNBC
Power Lunch at 2:25 p.m. ET today to discuss our second hyperscale AI data center lease — a 15-year, $9.8 billion triple-net agreement with an investment-grade tenant at our 1 GW Beacon Point campus — and the forces shaping U.S. AI infrastructure development.
In just over 8 months since our Nasdaq debut, @ABTC has rapidly scaled to 7,300+ Bitcoin, nearly 90,000 mining machines, and an amazing 52.4% gross margin. Today we rank as the #16 largest public Bitcoin treasury in the world — and we’re adding to our holdings every day.
In Q1 2026, we delivered our strongest quarter yet: 817 BTC mined at a 47% cost discount, while growing our reserves by over 1,600 BTC.
Massive congratulations to this incredible team and the entire @ABTC family!
@Hut8Corp@ashergenoot@mikehomkh@MattPrusak
Today is one of those days where I’m genuinely proud of what this team at $HUT has built.
Years ago, this image was posted by our shareholders as an ambition. $100 felt like a stretch goal. A milestone out in the distance.
Today, we’ve surpassed it.
Along the way, our shareholder base has evolved. Institutional ownership now exceeds 70%, and we’re backed by some of the most respected names in the world. But what matters just as much is this:
We haven’t forgotten where we started.
The community that’s been with us from day one the ones posting on Reddit, sharing their journeys, growing alongside us you’ve been part of this story in a real way. It’s been incredible to witness, and even more meaningful to be a part of it together.
This is a thank you to all of you.
And a reminder: we’re just getting started.
Now let’s go set the next goal.