Hut 8 Secures DIFC License to Expand Global Bitcoin Treasury Strategy
Hut 8 Corp., a digital infrastructure company powering Bitcoin mining and high-performance computing, has announced that its subsidiary, Hut 8 Investment Ltd, has obtained a Commercial License in the Dubai International Financial Centre (DIFC). This milestone marks a key step in Hut 8’s broader capital strategy and enables it to deepen its presence in global financial markets.
The DIFC license permits Hut 8 to carry out proprietary investments and select non-financial business activities within the DIFC’s internationally respected common law legal system. With this new regulatory foothold, Hut 8 aims to enhance how it deploys Bitcoin reserves into structured derivatives, improving access to institutional trading partners and reducing costs.
In 2024 alone, Hut 8 earned over $20 million from covered call options on Bitcoin it holds. The new license is set to strengthen this strategy, unlocking several benefits for the Company’s treasury operations:
- Direct access to institutional derivatives markets, enabling tighter spreads and reduced fees—eliminating up to 10% in previous trading cost friction
- Expanded access to institutional-grade liquidity and products, increasing strategic opportunities
- Greater flexibility to design and execute structured yield strategies, made possible by DIFC’s regulatory environment
- Legal and compliance certainty within a globally recognized common law framework, aligning Hut 8’s digital asset strategies with top-tier jurisdictions
Commenting on the development, Hut 8 CEO Asher Genoot said:
“We believe that securing a DIFC license enhances our ability to drive outsized shareholder returns through our integrated capital strategy. It allows us to execute directly on global derivatives markets, reduce trading costs, and access a broader range of institutional products. Within a regulatory framework built for structured digital asset strategies, we believe we can manage Bitcoin held in reserve more efficiently, manage risk with greater precision, and optimize yield through disciplined, proactive management.”
