Top 5 Bitcoin Mining Companies in the World

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In this piece, we will take a look at the top five Bitcoin mining companies in the world. For more companies, head on over to Top 15 Bitcoin Mining Companies in the World.

5. Hut 8 Mining Corp. (NASDAQ:HUT)

Market Capitalization as of November 30, 2022: $219.61 million

Hut 8 Mining Corp. (NASDAQ:HUT) is a Canadian firm with large scale Bitcoin mining operations. The firm is based in Toronto, Canada.

Hut 8 Mining Corp. (NASDAQ:HUT) has three mining centers. Two of these are located in Alberta and one is located in Ontario. Hut 8 Mining Corp. (NASDAQ:HUT) mined 982 Bitcoins during the third quarter of this year, which marked for 8.5% annual growth fueled by hash rate efficiency and facility expansion.

Two out of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey had held a stake in Hut 8 Mining Corp. (NASDAQ:HUT).

Ken Griffin’s Citadel Investment Group is Hut 8 Mining Corp. (NASDAQ:HUT)’s largest hedge fund shareholder. It owns 21,239 shares that are worth $750,000.

Follow Hut 8 Mining Corp. (NASDAQ:HUT)


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