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Hut 8 Mining Appoints Rick Rickertsen to Board of Directors

Hut 8 Mining Corp., one of North America’s largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the appointment of Rick Rickertsen to its Board of Directors.

Rick Rickertsen is a 30-year private equity professional with extensive board experience having served in numerous board committee leadership roles, and is a published author of two successful business books. Mr. Rickertsen is currently the Managing Partner of Pine Creek Partners, a private equity investment firm that specializes in partnering with management teams to acquire small companies. From January 1998 to January 2004, Mr. Rickertsen was the Chief Operating Officer as well as a partner at the private equity firm Thayer Capital Partners, prior to assuming the role of Managing Partner. During Mr. Rickertsen’s tenure at Thayer, he oversaw three investment funds totaling over US $1.4 billion.

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Over the years, Mr. Rickertsen has spearheaded numerous investments and served as Chairman and Director of several companies, most notably SAGA systems, and has been a member of the Board of Directors of MicroStrategy, one of the first publicly traded companies to add Bitcoin to its treasury management strategy, since October 2002.

“We are thrilled to welcome Rick to the Board of Directors of Hut 8. Rick is not only a champion of Bitcoin, but is also an incredibly collaborative leader, thinker and strategist, who brings with him a tremendous depth of experience across a vast array of industries,” said Jaime Leverton, Chief Executive Officer of Hut 8. “We are very excited to kick off 2022 with Rick on our team.”

“It is a privilege to be asked to serve on the Board of Directors of Hut 8. Hut 8 is an incredibly exciting leader in the Bitcoin mining sector, with a tremendous management team and very strong board. I hope I can build on my MicroStrategy Bitcoin experience to help Hut 8 grow on many fronts,” said Rick Rickertsen, Managing Partner of Pine Creek Partners.

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