- This expansion is separate from Hut 8’s Trump-linked US Bitcoin Corp mining venture announced earlier.
- Dubai offers zero corporate tax and tailored crypto rules, attracting firms amid stricter US/European regulations.
Hut 8 Corp., a Bitcoin mining company, has opened a new office in Dubai. The office operates within the Dubai International Financial Centre (DIFC). This location is a recognized center for finance and asset businesses.
A Trump family-linked Bitcoin miner plans to set up an office in Dubai, a growing hub for the crypto industry known for its friendly approach to taxation and regulation. https://t.co/eIkKLP8yPu
— Bloomberg (@business) June 30, 2025
The Dubai team will manage crypto asset trading and treasury operations for Hut 8. The company confirmed it is currently hiring staff for this new location. Hut 8 CEO Asher Genoot stated the office aims to improve the company’s money management approach. Genoot described the goal as enhancing precision and efficiency.
Hut 8 operates Bitcoin mining facilities in North America. Sites are located in Texas, New York, and Canada. The Dubai expansion represents a new international step for the firm.
Dubai offers conditions that attract crypto asset companies. The DIFC free zone provides zero corporate tax for businesses operating within it. The emirate also maintains a distinct regulatory framework for crypto assets. These factors lead some companies to establish operations there. This occurs while other regions, like the United States and Europe, implement stricter rules.
Hut 8 has recent ties to figures associated with the U.S. President Donald Trump. The company merged with US Bitcoin Corp., a mining venture. Donald Trump Jr. and Eric Trump serve as advisors to that venture and hold equity. That combined entity will manage most of Hut 8’s mining operations. Hut 8 retains an 80% controlling stake. American Data Centers, linked to the Trump family, holds 20%.
The new Dubai office is separate from this US Bitcoin Corp. venture. Hut 8 initiated the Dubai expansion independently. It is not part of the Trump-linked mining operations structure.
Companies seek locations offering clear regulations. Access to global money flows is another factor. Reduced operational friction is also a consideration. Dubai is positioning itself to meet these requirements for firms like Hut 8.
