Asher Genoot

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Asher Genoot

Asher Genoot

@ashergenoot

CEO @Hut8Corp | Executive Chairman @ABTC | 2024 North America Forbes 30 Under 30: Energy

Miami, FL Katılım Aralık 2010
338 Takip Edilen12.2K Takipçiler
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American Bitcoin
American Bitcoin@ABTC·
8,000+ BTC and rising. Since our Nasdaq debut: >3x growth in Bitcoin Reserve ~3x growth in Satoshis per Share The mission hasn’t changed. $ABTC
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Nick Sortor
Nick Sortor@nicksortor·
🔥 HELL YEAH! A pilot just used his airplane to draw a USA 250th banner using his flight path It took him over FIVE HOURS of flying time to do this. What a PATRIOT! 🇺🇸
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Joey Hendrickson
Joey Hendrickson@JoeyHendrickson·
I still cant believe how @CelsiusUcc 1. Formed litigation trust 2. Structured 100% creditor ownership 3. Pivoted #Celsius fraud to mining 4. Fired Hut8 5. Fought off hostile takeover 5. Pivoted @IonicDigital to HPC @Mashinsky fraud to $225M NewCo to $2.4B inc in 3 years 🤯🤩
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Brendan (can/do)
Brendan (can/do)@BrendanFoody·
This is the best way to end America's entrepreneurial culture. Most founders I know endure 100+ hours of work/week because they are obsessed with their mission and the impact they can have on the world. They make < $100K / year, fly economy, and live modest lives. The average American doesn't want their life. Just because their company's valuation is growing doesn't mean they are "wealthy". When you impose a > $100M tax on illiquid stock, they will declare bankruptcy or flee the country.
Gavin Newsom@GavinNewsom

It's time for a national billionaires tax and a new social contract. 10% of Americans own two-thirds of the wealth. Wages have stagnated. The cost of living has skyrocketed.  The system is fundamentally broken. The federal tax code, a corporate code, and an inheritance code were written for a different set of Americans.  It’s time for an economic reset. @gavinnewsom" target="_blank" rel="nofollow noopener">substack.com/@gavinnewsom

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Small Cap Snipa
Small Cap Snipa@SmallCapSnipa·
$CBRS CEO ON THE COMPANY’S MAIN CONSTRAINT: “Demand is not the constraint. Supply is not the constraint. The constraint is data centers.”
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NVIDIA
NVIDIA@nvidia·
Water usage has been a hot topic in the AI data center world, but the numbers may surprise you. According to the Manhattan Institute, data centers use 0.2 percent of daily water usage in the U.S. and that number has dramatically decreased in the past few years due to a new method: liquid cooling. By moving to 45°C liquid cooling, AI factories in favorable climates can use dry coolers instead of conventional cooling-tower-based systems, cutting facility cooling water use from roughly 2.6M gallons per MW per year to near zero. Liquid cooling enables AI factories to be both water and energy efficient, while creating opportunities for heat reuse and dispersal to local communities, allowing these factories to become energy grid assets. Learn more below ⬇️ nvda.ws/4gAVGoJ
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Matteo Franceschetti
Matteo Franceschetti@m_franceschetti·
.@SpaceX is proving that in an AI age, the best companies won't do just one thing. They become mini holding companies — a portfolio of distinct verticals, each a real business, connected by the same underlying dots. SpaceX builds rockets, but also runs an internet provider, a social network, and data centers. That's not one business model — it's several, sharing a common spine of talent, capital, and capability. The question isn't "what's our product" but "where can we deploy our skills next." That's the shift: from a single business model to a compounding set of them. Each vertical stands alone, but together they're far harder to compete with than any one could be alone.
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Asher Genoot
Asher Genoot@ashergenoot·
Thank you, Bill, for helping guide $HUT from a pioneering startup to the platform it is today. Your leadership has been instrumental in shaping our journey, and we’re grateful for your continued involvement. Welcome, Stan, as Chair of the Board. Your experience leading iconic institutions and your commitment to our vision make this an exciting moment for Hut 8. Looking forward to what we will accomplish together as we continue building a generational business at the intersection of energy and technology. 🚀
Bill Tai@KiteVC

HONORED to have Stan O’Neal as our new Chairman! His experience and stature are perfect for us at @Hut8Corp at this stage of our accelerating growth! The future is BRIGHT ! 🚀

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Hut 8
Hut 8@Hut8Corp·
Today, E. Stanley (Stan) O'Neal succeeds Founding Chair Bill Tai as Chair of the Hut 8 Board of Directors. Bill stewarded Hut 8 through its most formative years, from pioneering startup to institutional platform. He continues to serve on the Board as a director and member of the Nominating and Governance Committee. Stan has served as an independent director since November 2023, and previously as a director of US Bitcoin Corp. He brings decades of senior executive leadership to the role — including as Chairman and CEO of Merrill Lynch & Co. He assumes the Chairmanship as we continue to build what we believe will become an enduring, generational business at the intersection of energy and technology. Read the full release: hut8.com/news-insights/…
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Hut 8
Hut 8@Hut8Corp·
Hut 8 has closed a $4.25 billion offering of investment-grade senior secured notes for Beacon Point, our second investment-grade data center construction financing following River Bend. Highlights of the offering include: - A fully amortizing structure that is non-recourse to Hut 8 and non-dilutive to existing shareholders; - A Baa2 rating from Moody’s Ratings, one notch above the ratings assigned to the River Bend notes by S&P Global Ratings and Fitch Ratings, and an issuance spread 20 basis points tighter than that of the River Bend notes; - And a substantially oversubscribed book that broadens Hut 8’s institutional credit investor base. Together, the financings bring Hut 8’s cumulative project-level, investment-grade data center construction financing to $7.5 billion, reinforcing the repeatability of our financing model and our ability to scale data center development while preserving balance-sheet flexibility. Read the full release: hut8.com/news-insights/…
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