Leverton most recently led institutional digital-asset manager ReserveOne. She previously served as CEO of bitcoin miner Hut 8, overseeing its merger with US Bitcoin Corp. and its transition from a Canadian-listed miner into a U.S.-domiciled company with bitcoin mining and high-performance computing operations.
Her appointment comes as Fortitude expands its exposure to Zcash, whose ZEC token has risen more than 2,000% over the past year. Its market capitalization is roughly $21 billion.
Fortitude mined 72,696 ZEC during the six months through June, about 28% of the network’s total production during that period. The company reported second-quarter revenue of $20.9 million.
The miner operates more than 60 megawatts of power capacity across seven sites in South Dakota, Nebraska, Texas and New York.
“Fortitude is taking a differentiated approach to mining,” Leverton said in the release, pointing to the company’s combination of…
