Hut 8 (HUT) executive compensation, 2026 proxy

Asher Genoot, Chief Executive Officer, was paid $239.9M in 2025. The CEO-to-median-employee pay ratio was 2,423:1, on median employee pay of $99,022.

Filed
April 28, 2026
Annual meeting
June 11, 2026
Pay year
2025
Named executives
4
CEO total pay
$239.9M2025
CEO to median employee
2,423:1median $99,022
CEO pay in equity
99%$238.2M in awards
CEO Target Bonus
100%Of base salary
CEO Stock Awards
$238.2MGrant date fair value
Median Employee Pay
$99,022Annual total compensation
CEO Pay Ratio
2423:1Compared to median employee
CFO Total Pay
$2.1MSean Glennan compensation

How Genoot was paid

$239.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary0%Bonus0%Stock awards99%All other compensation0%

Named executive officers

ExecutiveTotal
Asher GenootChief Executive Officer$239,909,042
Sean GlennanChief Financial Officer$2,078,740
Michael HoChief Strategy Officer$121,221,587
Victor SemahChief Legal Officer & Corporate Secretary$2,242,722

What changed and why

  • $239.9MAsher Genoot received total compensation of $239,909,042 in fiscal 2025.
  • CEO stock awards increased significantly due to new long-term performance and market-based equity grants.
  • Annual bonuses for executive officers were paid based on performance and target opportunities.
  • The CEO to median employee pay ratio was 2,423 to 1.
  • $99,022The median employee annual total compensation was $99,022.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.