Hut 8 bitcoin holdings
United StatesA miner and energy infrastructure operator whose reported bitcoin depends heavily on whether you count its majority-owned subsidiary.
How much bitcoin does Hut 8 hold?
Hut 8 holds 9,314 BTC as of 2026-06-30, worth about $725.4M. That is rank 13 of the 165 public companies we track, and 0.04% of the 21 million bitcoin that will ever exist.
- Bitcoin held
- 9,314 BTC
- As of
- 2026-06-30
- Rank
- 13 of 165
- Value at current price
- $725.4M
- Market cap
- $10.6B
- mNAV
- 14.60x
- Share of 21 million
- 0.04%
Market cap as of 2026-08-26, derived from share price and shares outstanding. mNAV is that figure divided by 9,314 BTC at $77,882.
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
We have one dated figure for Hut 8 so far, shown in the table below, and the table says where it came from. A chart needs at least two dated points, and we would rather show nothing than draw a trend through a single figure. This fills in as the company publishes, or as we backfill its earlier announcements.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-06-30 | Reported | 9,314 | Standalone Hut 8 holdings, excludes 8,002 BTC at majority owned American Bitcoin. Consolidated group reported 17,316 BTC at the same date. | prnewswire.com |
Why does Hut 8 hold bitcoin?
Hut 8 began as a Canadian miner and became a US-domiciled energy and compute infrastructure company after merging with US Bitcoin Corp in 2023. It runs mining, hosting and increasingly power and data centre projects, and is dual listed in New York and Toronto.
Its reported bitcoin comes in two flavours and the difference is large. The consolidated group figure for the second quarter of 2026 was 17,316 coins, but 8,002 of those sit at American Bitcoin, a majority-owned subsidiary that trades separately and appears on this list in its own right. We count only the 9,314 coins held by Hut 8 itself, so that the same bitcoin is not counted twice.
Management has also signalled that future bitcoin exposure will run mainly through American Bitcoin, and that it may sell its own reserve to fund energy and artificial intelligence projects.
Frequently asked questions
Why is Hut 8's figure lower than the number in its earnings release?
Its earnings release reports the consolidated group, which includes the coins held by American Bitcoin, a separately listed subsidiary. Counting both in full would double count the same bitcoin, so we use the standalone Hut 8 figure and list American Bitcoin separately.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.