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Hut 8 Joins B. Riley Securities Crypto Conference 2021

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Hut 8 Mining Corp. (Nasdaq: HUT) announces its participation in the 2021 B. Riley Securities Crypto Conference, scheduled for December 8, 2021, at 11:20 a.m. ET. CEO Jaime Leverton will engage in a fireside chat at the Kimpton Hotel in New York. As one of North America's leading digital asset miners, Hut 8 emphasizes its commitment to Bitcoin mining and holding, with significant self-mined Bitcoin reserves and a diversified revenue strategy. The company is focused on innovation and ESG alignment, aiming to create shareholder value amidst fluctuating market conditions.

Positive
  • Participation in a prominent crypto conference can enhance visibility and investor interest.
  • Hut 8 holds the largest self-mined Bitcoin reserves globally, indicating a strong asset position.
  • The company maintains a diversified business model, potentially reducing risk associated with Bitcoin price volatility.
Negative
  • None.

TORONTO, Dec. 7, 2021 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to be joining the 2021 B. Riley Securities Crypto Conference.

On Wednesday, December 8 at 11:20 a.m. ET, Hut 8 CEO Jaime Leverton, will join the 2021 B. Riley Securities Crypto Conference for a fireside chat at the Kimpton Hotel Event in New York.

About Hut 8:

Hut 8 is one of North America's largest innovation-focused digital asset miners, supporting open and decentralized systems since 2018. With two sites located in energy rich Alberta and a third site in North Bay, Ontario Canada, Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined Bitcoin than any crypto miner or publicly traded company globally. Hut 8 is executing on its commitment to mining and holding Bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of Bitcoin's market direction. The Company's multi-pronged business strategy includes profitable digital asset mining, white-label high-performance compute hosting, as well as yield & income programs leveraging its Bitcoin held in reserve. Having demonstrated rapid growth and a stellar balance sheet, Hut 8 was the first publicly traded miner on the TSX and the first Canadian miner to be listed on The Nasdaq Global Select Market. Hut 8's team of business building technologists are believers in decentralized systems, stewards of powerful industry-leading solutions, and drivers of innovation in digital asset mining and high-performance computing, with a focus on ESG alignment. Through innovation, imagination, and passion, Hut 8 is helping to define the digital asset revolution to create value and positive impacts for its shareholders and generations to come.

Cautionary Note Regarding Forward–Looking Information

This press release includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward-looking information"). All information, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the Company's businesses, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes, among others, statements regarding Bitcoin network dynamics, geo-political impacts, the Company's trajectory to produce additional Bitcoin, the build-out of a third facility, the expected timing of equipment deliveries, and planned investments for the balance of 2021.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by Hut 8 as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Company's Annual Information Form dated March 25, 2021, which is available on www.sedar.com. These factors are not intended to represent a complete list of the factors that could affect Hut 8; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

Related Links

www.hut8mining.com

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SOURCE Hut 8 Mining Corp

FAQ

What conference is Hut 8 participating in?

Hut 8 is participating in the 2021 B. Riley Securities Crypto Conference.

When will Hut 8's CEO speak at the conference?

Hut 8's CEO Jaime Leverton will speak at the conference on December 8, 2021, at 11:20 a.m. ET.

What is Hut 8's approach to Bitcoin mining?

Hut 8 is committed to mining and holding Bitcoin, and it has one of the highest installed capacity rates in the industry.

How does Hut 8 create shareholder value?

Hut 8's diversified business model includes profitable digital asset mining and yield programs leveraging its Bitcoin held in reserve.

Where are Hut 8's mining sites located?

Hut 8 has mining sites in Alberta and North Bay, Ontario, Canada.

Hut 8 Corp.

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