| Entity | Country | Symbol:Exchange | # of BTC | Value Today | % of 21m |
|---|---|---|---|---|---|
| MicroStrategy | MSTR:NADQ | 152,800 | 152800 | 0.728% | |
| Marathon Digital Holdings Inc | MARA:NADQ | 12,964 | 12964 | 0.062% | |
| Tesla, Inc | TSLA:NADQ | 10,725 | 10725 | 0.051% | |
| Hut 8 Mining Corp | HUT:NASDAQ | 9,152 | 9152 | 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 | 7,309 | 7309 | 0.035% |
Hut 8 is one of the world's largest Bitcoin mining companies. The company is based in Toronto, Canada.
Hut 8 Mining owns 9,152 bitcoins as of July 31, 2023.
On August 11, Hut 8 (Nasdaq: HUT) (TSX: HUT) announced that they had mined 116 bitcoins during July, but sold 100 during the same month.
During July 2023, Hut 8 mined an average production rate of 3.7 bitcoin per day.
The sale of 100 bitcoin during July was the first sale of bitcoin since they sold all of their February production and part of the March production to fund operating cost.
While Hut 8 has a goal of holding its bitcoins long term, rather than sell them for cash, they are prepared to sell if necessary for debt management and miner improvements.
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.
You can view the video below to see an example of one of the company's mines:
Hut 8 uses a mix of hydro and nuclear power.
A map of the company's mining centers can be found below:
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
| Category | # of BTC | Value Today | % of 21m |
|---|---|---|---|
| ETFs | 819125 | 819125 | 3.901% |
| Countries | 451968 | 451968 | 2.152% |
| Public Companies | 238492 | 238492 | 1.136% |
| Private Companies | 429381 | 429381 | 2.045% |
| Entity | Country | # of BTC | Value Today |
|---|---|---|---|
| Mt. Gox | 200,000 | 200000 | |
| El Salvador | 2,381 | 2381 | |
| Grayscale Bitcoin Trust | 643,572 | 643572 | |
| Riot Platforms, Inc. | 7,309 | 7309 | |
| Hut 8 Mining Corp | 9,152 | 9152 | |
| Tether Holdings LTD | 55,000 | 55000 | |
| Galaxy Digital Holdings | 8,100 | 8100 | |
| Coinbase Global, Inc. | 9,000 | 9000 | |
| Marathon Digital Holdings Inc | 12,964 | 12964 | |
| Block, Inc. | 8,027 | 8027 | |
| Tesla, Inc | 10,725 | 10725 |
