# Hut 8 Corp. funding: rounds and investors

> Hut 8 Corp. has raised $4.3B across 2 rounds since 2025. Investors include Coatue, Trinity Capital and Fidelity. Every round with its source.

Source: https://millionrounds.com/company/hut-8-corp (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Hut 8 Corp.*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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AI

Raised 5 months ago

Funding summary Updated 27 Oct 2026

**$4.3B** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Debt, $4.3B Jun 2026
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**?** Venture

**$4.3B** Debt

- **First round:** Venture
- **Biggest round:** $4.3B
- **Between rounds:** 8 months

## The rounds

- **Jun 2026** Debt **$4.3B** *2 returning* [Coatue](https://millionrounds.com/fund/coatue-management) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) Source recorded
- **Oct 2025** Venture **Amount undisclosed** *3 new* [Coatue](https://millionrounds.com/fund/coatue-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) Source recorded

## Founders and team

From Hut 8 Corp.'s own website: 10 on the team.

- **Asher Genoot** Chief Executive Officer & Board Member
- **Jake Palmer** Chief Technology Officer
- **Matthew Saxon** Chief People Officer
- **Michael Ho** Chief Strategy Officer & Board Member
- **Sean Glennan** Chief Financial Officer
- **Victor Semah** Chief Legal Officer
- **Amy Wilkinson** Board Member
- **E. Stanley O'Neal** Chair of the Board
- **Joseph Flinn** Board Member
- **William Tai** Board Member

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2025 **Debt** 2026 [Coatue](https://millionrounds.com/fund/coatue-management) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [Fidelity](https://millionrounds.com/fund/fidelity)

## Everyone who backed them

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **2** rounds

[Trinity Capital](https://millionrounds.com/fund/trinity-capital) VC firm **2** rounds

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hut-8-corp).

## Quick answers about Hut 8 Corp.

### Who invested in Hut 8 Corp.?

Hut 8 Corp.'s investors include Coatue, Trinity Capital and Fidelity.

### How much has Hut 8 Corp. raised?

Hut 8 Corp. has raised $4.3B across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Hut 8 Corp. last raise?

Hut 8 Corp.'s most recent round was a Debt of $4.3B in Jun 2026.

### What was Hut 8 Corp.'s biggest round?

Its most recent round, $4.3B in Jun 2026, is also its largest on record.

### Who backed Hut 8 Corp. first?

Hut 8 Corp.'s first round on record, in Oct 2025, was backed by Coatue, Fidelity and Trinity Capital.

### What stage is Hut 8 Corp. at?

Hut 8 Corp.'s latest named round is a Debt, in Jun 2026.

### Where is Hut 8 Corp. based?

Hut 8 Corp. is based in Canada.

## Companies like Hut 8 Corp.

In the same sector, and raised in the last eighteen months.

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero)

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