TORONTO, Nov. 29, 2021 /CNW/ - 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 D.A. Davidson 2021 FinTech and Payment Spotlight
Conference.
On December 2, 2021, Hut 8
Executives will virtually join the D.A. Davidson 2021 FinTech and Payment Spotlight
Conference, with representation from companies across the FinTech
landscape, to discuss the outlook for the industry.
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