Dubai expansion

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Hut 8 established a new office in Dubai to support digital asset trading and hoarding, and is officially registered through the Dubai International Financial Centre.
Hut 8 CEO, Asher Genoot, stated that the Hut 8’s expansion into Dubai is designed to enhance its capital strategy by improving operational precision and efficiency.
Managing director of Animoca Brands Middle East unit, Omar Elassa, stated that the decision by U.S. affiliated crypto firms like Hut 8 and American Bitcoin to expand in Dubai reflects the United States’ regulatory lag, positioning the UAE as a practical alternative for crypto operations.
Hut 8 operates mining operations in Texas, New York, and Alberta, and in June 2025, it officially expanded to Dubai.

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