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A few months after the merger between crypto miner Hut 8 and US Bitcoin Corp, the combined company’s new CEO says building back shareholder trust remains a challenge.
Leading up to, and following, the next Bitcoin halving slated for next month, the company’s focuses include growth — “but not growth at all costs,” Hut 8 CEO Asher Genoot told Blockworks.
Genoot, a co-founder and former chief operating officer at US Bitcoin Corp, replaced Jaime Leverton as the miner’s CEO just weeks after the deal closed. The switch was made in an effort to help the company move in “a new strategic direction,” according to Hut 8’s board of directors.
In Genoot’s first few weeks as…
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