Hut 8 announced that chief commercial officer Matt Prusak will leave the company on January 31. The company will take over Celsius’ five mining farms in Texas and provide “end-to-end management services,” with Matt Prusak serving as CEO of the relevant mining farms. It is reported that Hut 8 has signed a four-year agreement with Celsius and promises that "in addition to the restricted stock and incentive equity of the new company," Hut 8 will also pay an annual management fee of $20 million. Celsius invested hundreds of millions of dollars in building mining equipment before bankruptcy, and its Texas mine has a mining capacity of 12 exahash (EH/s).
Dear Customers,
Hello, May 1-5, 2026 (GMT+8) is China's May Day, and international logistics will be suspended. Our company will suspend shipments on the afternoon of April 30, 2026, and resume warehouse shipments on May 6 (GMT+8). We are deeply sorry for the inconvenience caused to you. Thank you for your trust and support.
Best wishes,
ZEUS MINING CO., LTD.