Hut 8 Corp. · NASDAQ:HUT
Hut 8 — Investor Presentation (March 2025)
15 slides from Hut 8's investor presentation, March 2025
Slide 1: The New Standard in Bitcoin Mining
The New Standard in Bitcoin Mining AMERICAN BITCOIN LAUNCH PRESENTATION MARCH 2025
Slide 2: Cautionary Note Regarding Forward-Looking Information; No Offer or Solicitation
Cautionary Note Regarding Forward–Looking Information No Offer or Solicitation This presentation includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian This presentation is not intended to and shall not constitute an offer to sell or the solicitation o
Slide 3: Agenda
Agenda 1 OVERVIEW 2 VISION, STRATEGY, AND TEAM 3 TRANSACTION AND COMMERCIAL STRUCTURE HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 3
Slide 4: American Bitcoin: Bitcoin mining subsidiary of Hut 8
OVERVIEW Planned evolution American Bitcoin: Bitcoin mining subsidiary of American Bitcoin All mining operations previously reported under our Compute segment as ✓ Launch as majority-owned subsidiary Bitcoin Mining will remain under our Compute segment but operate through American Bitcoin launched a
Slide 5: Strategic rationale and impact
OVERVIEW Strategic rationale and impact LOW-VOLATILITY INFRASTRUCTURE PLATFORM HIGH-LEVERAGE BTC MINING PURE-PLAY ✓ Carveout of mining business into subsidiary entity ✓ American Bitcoin will co-locate miners at Hut 8 sites, accelerates evolution of parent company into low- with Hut 8 serving as its
Slide 6: Vision, Strategy, and Team
Agenda 2 VISION, STRATEGY, AND TEAM HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 6
Slide 7: American Bitcoin aims to become the world's largest, most efficient pure-play Bitcoin miner
American Bitcoin aims to become the world’s largest, most efficient pure-play Bitcoin miner while building a robust strategic Bitcoin reserve HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 7
Slide 8: Illustrative growth roadmap
VISION, STRATEGY, AND TEAM Illustrative growth roadmap Targeting 50+ EH/s of self-mining capacity at an average fleet efficiency of <15 J/TH PRO FORMA SELF-MINING CAPACITY PRO FORMA AVERAGE FLEET EFFICIENCY 21.2 J/TH 16.3 J/TH <16 J/TH <15 J/TH 50+ EH/s 35+ EH/s ~25 EH/s ~10 EH/s PHASE 1 PHASE 2 PHA
Slide 9: Leadership team and board of directors
VISION, STRATEGY, AND TEAM Leadership team and board of directors ERIC TRUMP MIKE HO ASHER GENOOT MATT PRUSAK JUSTIN MATEEN MICHAEL BROUKHIM CO-FOUNDER & CHIEF EXECUTIVE CHAIRMAN & BOARD MEMBER CHIEF EXECUTIVE OFFICER BOARD MEMBER BOARD MEMBER STRATEGY OFFICER BOARD MEMBER • Executive Vice President
Slide 10: Transaction and Commercial Structure
Agenda 3 TRANSACTION AND COMMERCIAL STRUCTURE HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 10
Slide 11: Simplified transaction and commercial structure
TRANSACTION AND COMMERCIAL STRUCTURE Simplified transaction and commercial structure Establishing American Bitcoin as a majority-owned subsidiary of Hut 8 COMMERCIAL AGREEMENTS SEE PAGE 13 FOR DETAILS 1 COLOCATION 2 MANAGEMENT SERVICES 3 SHARED SERVICES TRANSACTION CONTRIBUTED 4 EXCLUSIVITY ASICS 80
Slide 12: Select commercial agreements
TRANSACTION AND COMMERCIAL STRUCTURE Select commercial agreements AGREEMENT DESCRIPTION 1 COLOCATION AGREEMENT Hut 8, or an affiliate of Hut 8, will exclusively host American Bitcoin's ASICs, pursuant to a Colocation Agreement • The initial colocation sites will be Hut 8's Alpha, Medicine Hat and Sa
Slide 13: Closing Remarks
Closing Remarks HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 13
Slide 14: Q&A
Q&A HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 14
Slide 15: HUT8 | AMERICAN=BTC
9 HUT8 | AMERICAN=BTC