Hut 8 Corp. · NASDAQ:HUT
Hut 8 — Merger or Acquisition (March 2025)
15 slides from Hut 8's merger presentation, Mar 31, 2025
Slide 1: American Bitcoin Launch Presentation April 2025
AMERICAN BITCOIN LAUNCH PRESENTATION APRIL 2025 The New Standard in Bitcoin Mining
Slide 2: Cautionary Note Regarding Forward-Looking Information
Cautionary Note Regarding Forward–Looking Information This presentation 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 informatio
Slide 3: Agenda
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 3 Agenda 1 OVERVIEW 2 VISION, STRATEGY, AND TEAM 3 TRANSACTION AND COMMERCIAL STRUCTURE
Slide 4: Overview: American Bitcoin, Bitcoin mining subsidiary
Note: HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 4 OVERVIEW American Bitcoin: Bitcoin mining subsidiary COMPUTE BITCOIN MINING All mining operations previously reported under our Compute segment as Bitcoin Mining will remain under our Compute segment but operate through the American Bitcoin brand Pl
Slide 5: Strategic rationale and impact
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 5 LOW-VOLATILITY INFRASTRUCTURE PLATFORM HIGH-LEVERAGE BTC MINING PURE-PLAY Supports evolution of broader platform toward more predictable and financeable, lower-cost-of-capital segments Frees capital to pursue aggressive exahash growth and Bitcoin producti
Slide 6: Vision, Strategy, and Team
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 6 Agenda 2 VISION, STRATEGY, AND TEAM
Slide 7: American Bitcoin aims to become the world's largest, most efficient pure-play Bitcoin miner
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 7 American Bitcoin aims to become the world’s largest, most efficient pure-play Bitcoin miner while building a robust strategic Bitcoin reserve
Slide 8: Quotes from Eric Trump and Asher Genoot
8 ERIC TRUMP CO-FOUNDER, AMERICAN BITCOIN ASHER GENOOT CHIEF EXECUTIVE OFFICER, HUT 8 “It is a great honor to partner with Hut 8, a recognized leader in the Bitcoin space, as we launch American Bitcoin. By combining Hut 8’s proven operational excellence in data centers with our shared passion for Bi
Slide 9: Illustrative growth roadmap
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 9 VISION, STRATEGY, AND TEAM Illustrative growth roadmap ~10 EH/s ~25 EH/s 35+ EH/s 50+ EH/s 21.2 J/TH 16.3 J/TH <16 J/TH <15 J/TH PHASE 1 PHASE 2 PHASE 3 PHASE 4 PRO FORMA SELF-MINING CAPACITY PRO FORMA AVERAGE FLEET EFFICIENCY ILLUSTRATIVE Contribution of
Slide 10: Leadership team and board of directors
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 10 VISION, STRATEGY, AND TEAM Leadership team and board of directors JUSTIN MATEEN BOARD MEMBER MICHAEL BROUKHIM BOARD MEMBER ERIC TRUMP CO-FOUNDER & CHIEF STRATEGY OFFICER • Executive Vice President of the Trump Organization, leading global management and
Slide 11: Transaction and Commercial Structure
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 11 Agenda 3 TRANSACTION AND COMMERCIAL STRUCTURE
Slide 12: Simplified transaction and commercial structure
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 12 Simplified transaction and commercial structure Establishing American Bitcoin as a majority-owned subsidiary of Hut 8 EXISTING SHAREHOLDERS OF AMERICAN DATA CENTERS TRANSACTION PERIMETER 20% 80% CONTRIBUTED ASICS COMMERCIAL AGREEMENTS1 SEE PAGE 13 FOR DE
Slide 13: Select commercial agreements
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 13 Note: Additional information is available in the Form 8-K that the Company filed with the Securities and Exchange Commission TRANSACTION AND COMMERCIAL STRUCTURE Select commercial agreements AGREEMENT DESCRIPTION 1 COLOCATION AGREEMENT Hut 8, or an affil
Slide 14: Q&A
HUT 8 AMERICAN BITCOIN LAUNCH PRESENTATION 14 Q&A
Slide 15: HUTS | AMERICAN =BTC
8 HUTS | AMERICAN =BTC