Hut 8 Corp (NASDAQ/TSX: HUT) is a digital asset mining company formed through the February 2023 combination of U.S. Data Mining Group, Inc. (doing business as US Bitcoin) and Hut 8 Mining Corp., a British Columbia corporation, under a newly incorporated Delaware holding company. The company mines Bitcoin, generating revenue by earning block rewards and transaction fees denominated in Bitcoin. Hut 8 is incorporated in Delaware and listed on the Toronto Stock Exchange, with the 10-K filed February 25, 2026 covering the combined entity's operations. The filing excerpts do not provide segment revenue figures, geographic revenue splits, specific mining capacity figures, or named competitor disclosures, so those details are omitted.

Revenue model

The filing excerpts do not provide sufficient detail to specify discrete revenue streams, pricing mechanisms, or segment-level financials beyond the general Bitcoin mining business model implied by the company's formation context.

Products and services

Bitcoin mining operations, conducted under the combined Hut 8 Corp entity formed from the merger of US Bitcoin and Legacy Hut 8 Mining Corp (effective February 2023).

Customers and end markets

The filing excerpts do not specify customer types, customer concentration, or end market detail beyond Bitcoin as the mined digital asset.

Value-chain role

Bitcoin miner and digital asset producer; the company operates mining infrastructure to generate Bitcoin through proof-of-work block reward mechanisms.

Geographic exposure

The filing excerpts do not specify geographic revenue or operational footprint beyond noting Legacy Hut 8 Mining Corp was a British Columbia corporation and the combined entity is incorporated in Delaware.

Source: SEC 10-K, filed 2026-02-25

Industry: Finance Services