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May 13 , 2021 - Press release Hut 8 Achieves Record - Level Revenue Results in Q1-2021 ; Balance Sheet Grows 134 % over Fiscal 2020 TORONTO , May 13 , 2021 / CNW / - Hut 8 Mining Corp. ( TSX :) ( " Hut 8 ” or the “ Company ” ) , one of North America's oldest , largest and most innovative Bitcoin miners , today announces its financial results for the quarter ending March 31 , 2021 ( “ Q1-2021 " ) . Hut 8 reports all amounts in Canadian Dollars unless otherwise stated . Bitcoin Inventory and Value Hut 8 continues to strategically emphasize its " Hodl❞ strategy , taking active steps to generate Canadian and US dollars to help fund operating expenses , so as to avoid selling Bitcoin . As of March 31 , 2021 the Company had a total Bitcoin balance of 3,271 with a market value of $ 242.4 million . Our current Bitcoin balance , including 1,000 Bitcoin loaned as part of the Company's fiat yield strategy , is approximately 3,522 Bitcoin . Q1-2021 Highlights :