According to Beincrypto, Canadian bitcoin mining company Hut 8 plummeted 40% after news of its CEO's resignation. Accompanying the decline in share price is the weak performance in 2019, although the company's overall health is not too bad. Earlier news said that Andrew Kiguel will resign as CEO and board member until his successor is appointed. The company disclosed the news in an official statement issued on January 28. As of press time, stock prices appear to be recovering.