Appointed CEO of Hut 8 -- one of the largest innovation-focused digital asset miners in North America, specializing in Bitcoin mining and blockchain infrastructure services -- in February 2024, Asher Genoot previously served as the company's President and Director. Before joining Hut 8, he was the co-founder and President of US Bitcoin Corp., a venture-backed private bitcoin mining company with a 730 MW portfolio across data centers in Texas, Nebraska, and New York as of December 2022. Hut 8 and US Bitcoin Corp merged in November 2023.

Genoot began his career in Shanghai, China, where he founded, scaled, and exited two successful EdTech startups, the Ivy Crest Institute of International Education and Curio. In China, Genoot developed a passion for building high-performing organizations. In 2019, he returned to the US to apply this passion as Managing Director of Flagship Endeavors, a consumer brands incubator. In 2020, Genoot co-founded US Bitcoin Corp., a company committed to managing operations through the use of low and no-carbon sources of energy.

Genoot graduated from the University of Southern California at age 19 with a Bachelor of Science in Business Administration. He is a member of Young Presidents Organization and was named to Forbes' 30 Under 30 – Energy list in 2024.

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