Chief Strategy Officer Ho base salary

Checked on September 28, 2026. The cited source supports part of this claim, but not all of it.

A shareholder complaint, citing Ho's November 30, 2023 employment agreement, alleges he is entitled to $490,000 in total compensation consisting entirely of base salary. It does not say the amount is annual.

Confirmed in the source:

• Michael Ho has served as Hut 8's Chief Strategic Officer (described in the merger prospectus as Chief Strategy Officer) since the merger, per the complaint.
• The complaint alleges that under his Employment Agreement dated November 30, 2023, Ho is entitled to $490,000 in total compensation from Hut 8.
• The complaint alleges that this compensation consists entirely of base salary.

We could not confirm this from the cited source:

• The document does not say the $490,000 is an annual figure; it gives no time period for this amount.

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of RECAP (https://storage.courtlistener.com/recap/gov.uscourts.nysd.618845/gov.uscourts.nysd.618845.9.0.pdf) in full (109,679 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

confirms Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick…

Quote: “Defendant Ho is entitled to receive $490,000 in total compensation from the Company, consistently entirely of base salary.”

View cached copy (2026-09-26)Live source ↗