Announced changes to Hut 8 Mining are a mixed bag

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 […]

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