Hut 8 Mining Appoints Asher Genoot as New CEO

A leading digital asset mining and computing infrastructure provider in North America, Hut 8 Mining Corp., has appointed Asher Genoot as its new Chief Executive Officer, succeeding Jaime Leverton, effective immediately.

Hut 8 announces leadership transition: President Asher Genoot appointed CEO .

— Hut 8 (@Hut8Corp) February 7, 2024

The decision comes after the completion of the merger between Hut 8 and US Bitcoin Corp, prompting the Board to chart a new strategic direction for the company.

Bill Tai, Chairman of the Board, expressed confidence in Genoot’s ability to accelerate the company’s path to market leadership, stating, “Hut 8 is now at a pivotal inflection point, and we believe that Asher is uniquely qualified to accelerate our path to market leadership.”

Jaime Leverton, the outgoing CEO, remarked, “It has been a privilege to lead the Hut 8 team and to serve as CEO through such a critical time for Hut 8,” said Jaime Leverton. “I am grateful to the Board for the opportunity to lead such a talented, innovative team, and I am proud of the company we have built.”

Genoot expressed gratitude for Leverton’s leadership, stating, “Over the last three years, Jaime has led Hut 8 through market cycles and built a strong foundation for the Company. I am thankful for her leadership, and I am committed to ensuring a smooth transition.” 

The appointment of Asher Genoot as CEO of Hut 8 Mining Corp. reflects the company’s strategic focus post-merger and signals a commitment to navigating the evolving digital asset landscape with fresh leadership.

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2024-02-07 20:04