Associate, Bitcoin Mining Strategy

Hut 8

$90K — $110K *
Miami, FL 33186In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Business Administration, Economics, or related field; MBA preferred
  • 2+ years in corporate development, investment banking, management consulting, or private equity
  • Familiarity with Bitcoin, Bitcoin mining, or energy sector is encouraged
  • Advanced financial modeling and analytical skills are essential
  • Strong written and verbal communication abilities
  • Proficiency in Microsoft Excel and PowerPoint is crucial
  • Exceptional project management skills to handle multiple initiatives
  • Attention to detail and strong organizational skills are a must

Responsibilities

  • Lead market research to discover industry trends and growth opportunities
  • Develop presentations for senior leadership to inform strategies
  • Create financial models to evaluate ASIC acquisitions and investments
  • Conduct due diligence including financial analysis and risk assessment
  • Identify and execute investment opportunities from screening to integration
  • Prepare investment memoranda and documentation for decision-making
  • Assist in structuring and negotiating deal terms with stakeholders
  • Manage relationships with external parties to facilitate transactions
  • Track and report on performance of the ASIC Mining fleet
  • Maintain dashboards and reports for senior management

Benefits

  • Remote or in-office work options available
  • Reasonable accommodations for individuals with disabilities
  • Opportunity to collaborate with senior leadership and cross-functional teams
  • Exposure to high-impact strategic initiatives in a fast-paced environment
  • Professional development through complex market analyses and M&A activities
Full Job Description
ABOUT THE ROLE

The Associate, Bitcoin Mining Strategy plays a critical role in driving the company's strategic growth initiatives. This position involves leading complex market analyses, spearheading mergers and acquisitions (M&A) activities, supporting strategic investments and developing strategic partnerships. The Senior Associate collaborates closely with senior leadership and cross-functional teams to identify and execute high-impact opportunities, perform detailed financial evaluations, and deliver strategic recommendations.

Some of the key responsibilities you should expect are the following:

Strategic Market Analysis:
  • Lead comprehensive market research to identify industry trends, competitive dynamics, and potential growth opportunities.
  • Develop and present market analyses and strategic insights to senior leadership to inform business strategy.

Financial Evaluation and Modeling:
  • Create and manage sophisticated financial models to evaluate the financial implications of potential ASIC acquisitions, strategic investments, operating fleet optimizations and other business opportunities.
  • Conduct thorough due diligence on strategy, including financial analysis and risk assessment.

Strategic Initiatives:
  • Identify, evaluate, and execute investment opportunities, from initial screening to integration planning, and through implementation.
  • Prepare detailed investment memoranda, board presentations, and other documentation to support decision-making processes.
  • Recommend operating enhancements with a goal of profit maximization of operating ASIC mining fleet.

Deal Structuring and Negotiation:
  • Assist in structuring and negotiating deal terms, coordinating with internal and external stakeholders to achieve optimal outcomes.
  • Manage relationships with external parties, including key partners, consultants, and legal counsel, to facilitate transaction processes.

Cross-Functional Collaboration:
  • Partner with internal teams, including finance, legal, operations, and corporate development, to ensure seamless execution and integration of strategic initiatives.
  • Act as a liaison between the ASIC Compute Strategy team and other departments to foster collaboration and alignment on strategic goals.

Performance Monitoring and Reporting:
  • Track and report on the performance of and strategic decisions for the operating ASIC Mining fleet, providing insights and recommendations for future opportunities.
  • Develop and maintain dashboards and reports to communicate progress and outcomes to senior management.
  • All other duties as assigned

ABOUT YOU
  • Bachelor's degree in Finance, Business Administration, Economics, or a related field. An MBA or other advanced degree is highly preferred.
  • 2+ years of experience in corporate development, investment banking, management consulting, private equity, or a related field.
  • Direct experience in Bitcoin, Bitcoin mining, or energy are a encouraged but not a requirement.
  • Advanced financial modeling and analytical skills.
  • Excellent written and verbal communication skills, with the ability to present complex information clearly and persuasively.
  • Strong proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.
  • Exceptional project management skills with the ability to manage multiple projects simultaneously and meet deadlines.
  • The ideal candidate is resilient, adaptable, and excited by the varied challenges that come with a hands-on role in a fast-paced, high-growth environment.
  • High attention to detail and strong organizational skills.

ABOUT THE WORK ENVIRONMENT

This role is remote or in office at our corporate headquarters in the Brickell area of Miami, Florida. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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