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Hut 8 Appoints Sean Glennan As Chief Financial Officer

Hut 8 Appoints Sean Glennan As Chief Financial Officer

08/08/24, 8:53 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmiami
Industry
cryptocurrency
blockchain
Position
chief financial officer
Hut 8, a Bitcoin miner and energy infrastructure company, announced the appointment of Sean Glennan as its new Chief Financial Officer. The current CFO, Shenif Visram, will step down for family-related reasons, and Glennan will assume the role on August 21.

Company Info

Company
Hut 8
Location
miami, florida, united states
Additional Info
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.

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