Hut 8 CEO Asher Genoot: Hut 8 will create a differentiated advantage by controlling mining costs and building data centers.

Techub News reports that Bitcoin Asia 2025 opened today in Hong Kong. Asher Genoot, a board member and CEO of Hut 8, stated at the conference that Hut 8 plans to create a differentiated advantage in two ways. First, focusing on controlling Mining costs. Asher Genoot said, "If we can become the most outstanding and complex energy operator in the industry, then regardless of how Bitcoin prices fluctuate, we can effectively control and manage our profits, calmly responding to price fluctuations." Second, building a data center infrastructure stack. Currently, Hut 8 is actively developing campuses for Bitcoin, artificial intelligence data centers, and other use cases.

In addition, Asher Genoot pointed out that American Bitcoin is not the same as Hut 8; it will be a conglomerate of Bitcoin mining businesses. American Bitcoin will obtain 50% of its Bitcoin through mining, while the remaining portion will be acquired through purchases. In the future, they will simultaneously operate these two companies focused on long-term energy and the Bitcoin sector.