USBTC co-founder, Hut 8 Corp.
Asher Genoot
Asher Genoot co-founded USBTC, which merged with Hut 8 in November 2023, and has been Hut 8 chief executive since February 2024. Genoot holds 4,013,299 shares, or 3.5%, per the April 2026 proxy.
- Role
- Chief Executive Officer and director
- Company
- Nasdaq: HUT
- Shares reported
- 4,013,299 (common stock)
- Education
- Bachelor of Business Administration, University of Southern California.
- % of main listed class
- % of votes, where shares carry different votes
- Asher Genoot3.5%
Beneficial ownership as reported, with holdings as of 13 April 2026. Beneficial ownership can include shares obtainable within 60 days.
Career
- Age 19Started the Ivy Crest Institute of International Education in Shanghai, later sold.
- 2016 to 2019Founder and chief executive of Curio, an education company.
- December 2020President, Chief Operating Officer and director of USBTC from its inception.
- 2023President of Hut 8 after the merger.
- February 2024Became chief executive.
- September 2025Became Executive Chairman of American Bitcoin Corp.
How to read the stake
The proxy credits Genoot and Michael Ho with planning the move from Bitcoin mining to a power-first energy infrastructure platform. Neither is described as a founder of the original Hut 8, which predates the merger.
Source: Hut 8 Corp. DEF 14A, filed 28 April 2026. This page covers what those documents state. It is not a full biography.
Other founders of Hut 8 Corp.
- Michael HoChief Strategy Officer and director
Questions
What does Asher Genoot do at Hut 8 Corp.?
Asher Genoot co-founded USBTC, which merged with Hut 8 in November 2023, and has been Hut 8 chief executive since February 2024. Genoot holds 4,013,299 shares, or 3.5%, per the April 2026 proxy.
Who founded Hut 8 Corp.?
Today's Hut 8 Corp. came from a November 2023 merger. The proxy names Asher Genoot and Michael Ho as co-founders of USBTC, one side of that merger, not of the original Hut 8.