Announced changes to Hut 8 Mining are a mixed bag
January 29, 2020, 7:00AM EST · 4 min read
Quick Take
- Hut 8, one of the largest publicly-traded mining firms, announced some major changes on Tuesday
- All-in-all, the adjustments were a mixed bag
- We spoke with management for additional color
Hut 8 is one of the largest publicly traded bitcoin mining companies with industrial scale operations in Canada. On Tuesday, the company made an announcement detailing some pretty impactful changes including: Andrew Kiguel stepping down as CEO Amended agreement with Bitfury Refinancing of its debt; replacing its loan with Bitfury with a new bitcoin-collateralized loan […]
This report is for Research Members
Join The Block Research for exclusive research like this
Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
Learn More Already a Research Member? Sign In