Hut 8 Chief Commercial Officer Matt Prusak will leave on January 31 and take over five mining sites from Celsius

ChainCatcher news, Hut 8 announced that Chief Business Officer Matt Prusak will leave on January 31. The company will take over five mining sites from Celsius located in Texas and provide "end-to-end management services." Matt Prusak will serve as the CEO of the relevant mining sites.

It is reported that Hut 8 has signed a four-year agreement with Celsius, committing to pay an annual management fee of $20 million "in addition to the new company's restricted stock and incentive equity." It is said that Celsius invested hundreds of millions of dollars in building mining equipment before its bankruptcy, and its Texas mining sites have a mining capacity of 12 exahash (EH/s).