Asher Genoot

Career

1. 2025 – now
   American Bitcoin Corp. (majority-owned Hut 8 subsidiary, Nasdaq: ABTC)src
   Executive Chairman (since 2025-09); director since 2025-03
   Held alongside the Hut 8 CEO role; Michael Ho, Hut 8's CSO, is ABTC's CEO
2. 2024 – now
   Hut 8 Corp.src
   Chief Executive Officer & Director
   Effective 2024-02-06
3. 2023 – 2024
   Hut 8 Corp.src
   President & Director
   From the 2023-11-30 business combination of USBTC and Hut 8 Mining Corp. (Legacy Hut); USBTC was the accounting acquirer
4. 2020 – 2023
   U.S. Data Mining Group, Inc. (US Bitcoin Corp, USBTC)src
   Co-founder, President, COO & Director
   From inception in December 2020 to the November 2023 combination; the 2024 8-K calls it a venture-backed private bitcoin miner with a 730 MW portfolio in Texas, Nebraska and New York at December 2022
5. 2019 – 2020
   Flagship Endeavorssrc
   Managing Director (brand incubator)
   January 2019 to December 2020
6. 2016 – 2019
   Curio (Shanghai-based education company)src
   Founder & CEO
   April 2016 to May 2019; still a Curio board member per the February 2024 8-K

Not located: Before April 2016: the Ivy Crest Institute of International Education, which he started at 19 in Shanghai and sold shortly after, carries no dates in any source; his USC graduation year was not located in a primary document

Achievements

• Co-founded USBTC with Michael Ho in December 2020 and took it into the November 2023 merger with Hut 8; named CEO about ten weeks later, at 29src
• The proxy credits his tenure with a share price move from $6.77 on his appointment (2024-02-07) to $78.99 on 2026-04-20, about +1,067%src
• Signed a 15-year, 245 MW lease with Fluidstack at River Bend, Louisiana ($7.0bn base-term value, Google backstop) and an Anthropic/Fluidstack partnership for up to 2,295 MWsrc
• Carved bitcoin mining out into American Bitcoin (listed on Nasdaq in September 2025) and sold the 310 MW Ontario gas plants to TransAlta (closed February 2026)src
• Revenue rose from $162.4m (2024) to $235.1m (2025) and gross margin from 47% to 54%, per the proxysrc

Education

• University of Southern California, BBA Business Administrationsrc

Background

• Family An immediate family member works for a Hut 8 subsidiary in a non-officer role, on a $123,600 base salary for 2026 ($120,000 in 2025), disclosed as a related-person relationshipsrc
• Founder Co-founded USBTC with Michael Ho, now Hut 8's Chief Strategy Officer and director; the proxy treats the two as equal co-founders and sized his 2025 RSU grant to bring his stake to rough parity with Ho'ssrc
• Boards Executive Chairman of American Bitcoin since September 2025 (director since March 2025); director of Ionic Digital Inc. from January to June 2024; board member at Curiosrc
• Investing On 2025-12-30 an LLC that he and Ho alone manage bought 23,199,205 ABTC Class B shares at $1.40, with the consent of both the Hut 8 and ABTC boards; he and Ho hold a profit-share interest in one of its memberssrc
• Other Started his first business, the Ivy Crest Institute of International Education, at 19 in Shanghai and sold it shortly after; member of the Young Presidents' Organization (the company pays the dues) and named to Forbes 30 Under 30 - Energy for 2024src
• Legal The 2023 USBTC merger drew a securities class action against Hut 8 and certain current and former officers (SDNY, filed February-March 2024). Most claims were dismissed in September 2025, and the rest settled for $2.4m in June 2026, pending final approval on 2026-11-06. An Ontario class action followed in December 2025. The 10-Q does not name the officerssrc