Hut 8 Corp. (HUT): auditor change — Hut 8 dismisses RCGT as auditor, appoints KPMG; cites material weaknesses in internal controls

Hut 8 Corp.

Dismissed Raymond Chabot Grant Thornton (RCGT) as independent auditor on March 25, 2025; appointed KPMG for fiscal year 2025.
No disagreements with RCGT on accounting principles or audit scope in prior fiscal years.
Two material weaknesses previously identified: controls over deferred tax provision for Bitcoin held internationally and BITMAIN miner purchase agreement.
RCGT provided letter to SEC agreeing with the dismissal disclosures, filed as Exhibit 16.1.
Material weaknesses had been reported in the 10-K for FY2024; company authorized RCGT to respond to KPMG inquiries.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Hut 8 Corp. dismissed Raymond Chabot Grant Thornton LLP as its auditor.

Action: dismissal
Auditor: Raymond Chabot Grant Thornton LLP
Successor: KPMG LLP

Exact text from the filing

On March 25, 2025, the Audit Committee (the “Committee”) of the Board of Directors of Hut 8 Corp. (the “Company”) dismissed Raymond Chabot Grant Thornton LLP (“RCGT”) as the Company’s independent registered public accounting firm.

View on SEC.gov

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Hut 8 Corp. engaged KPMG LLP as its auditor.

Action: engagement
Auditor: KPMG LLP

Exact text from the filing

On March 25, 2025, the Committee approved the appointment of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

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Source: SEC EDGAR

accession 0001558370-25-004159

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