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Hut 8 Announces Voting Results for Election of Directors

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Hut 8 Corp. (NASDAQ | TSX: HUT), an energy infrastructure platform, announced the results of its 2025 Annual Meeting of Stockholders. All eight director nominees were successfully elected to the board, with voting results ranging from 39.3 million to 46.7 million votes in favor.

The company currently manages 1,020 megawatts of energy capacity across 15 sites in the United States and Canada, including five Bitcoin mining locations, five high-performance computing data centers, and four power generation assets.

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News Market Reaction 10 Alerts

-0.90% News Effect
+3.0% Peak Tracked
-8.1% Trough Tracked
-$26M Valuation Impact
$2.86B Market Cap
0.3x Rel. Volume

On the day this news was published, HUT declined 0.90%, reflecting a mild negative market reaction. Argus tracked a peak move of +3.0% during that session. Argus tracked a trough of -8.1% from its starting point during tracking. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $26M from the company's valuation, bringing the market cap to $2.86B at that time.

Data tracked by StockTitan Argus on the day of publication.

MIAMI, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced the results of the vote conducted at its 2025 Annual Meeting of Stockholders (the "Meeting").

Each of the eight nominees listed in the Company’s definitive proxy statement dated April 30, 2025 was elected as a director of the Company to hold office until the next annual meeting of stockholders or until his or her successor is duly elected or appointed, subject to earlier resignation or removal. The results of the vote were as follows:

 Nominee For Total Votes Cast
 Joseph Flinn 46,451,582 46,957,693
 Asher Genoot 46,786,009 46,962,642
 Michael Ho 46,785,583 46,958,891
 E. Stanley O’Neal 42,508,955 46,940,123
 Carl J. (Rick) Rickertsen 45,839,580 46,955,648
 Mayo A. Shattuck III 45,566,533 46,951,363
 William Tai 42,667,059 46,954,056
 Amy Wilkinson 39,326,194 46,866,173


Final voting results on all matters voted on at the Meeting have been filed on Form 8-K with the U.S. Securities and Exchange Commission and on SEDAR+.

About Hut 8

Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

Contacts

Hut 8 Investor Relations
Sue Ennis
ir@hut8.com

Hut 8 Public Relations
Gautier Lemyze-Young
media@hut8.com


FAQ

Who are the newly elected directors of Hut 8 (HUT) for 2025?

The eight elected directors are Joseph Flinn, Asher Genoot, Michael Ho, E. Stanley O'Neal, Carl J. Rickertsen, Mayo A. Shattuck III, William Tai, and Amy Wilkinson.

What was the voting outcome for Hut 8's (HUT) 2025 director elections?

All eight nominees were successfully elected, with voting results ranging from 39.3 million to 46.7 million votes in favor out of approximately 47 million total votes cast.

What is Hut 8's (HUT) current operational capacity and infrastructure?

Hut 8 manages 1,020 megawatts of energy capacity across 15 sites, including 5 Bitcoin mining sites, 5 high-performance computing data centers, and 4 power generation assets in the US and Canada.

Where are Hut 8's (HUT) mining and computing facilities located?

Hut 8 operates Bitcoin mining and hosting sites in Alberta, New York, and Texas, with high-performance computing data centers in British Columbia and Ontario, and power generation assets in Ontario.
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