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Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

Published 02/21/2023, 05:51 AM
Updated 02/21/2023, 07:40 AM
BTC/USD
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In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her views on the recent shakeout in the cryptocurrency market and reflected on how Bitcoin (BTC) mining fares during the current turbulent period for the industry.

Throughout 2021 and 2022, the crypto industry experienced significant growth, followed by bear market struggles, bankruptcies and job cuts. Leverton took on the position of leading Hut 8 Mining as CEO a little over two years ago and experienced those ups and downs from the front line.

Jaime Leverton CEO of Hut 8 (left) and Kristina Lucrezia Cornèr (right) during Crypto Summit 2023 in Davos

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