Hut 8 Mining Corp. (TSX: HUT)
Market Cap | 1.94B |
Revenue (ttm) | 82.27M |
Net Income (ttm) | -343.34M |
Shares Out | 90.39M |
EPS (ttm) | -8.50 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,142,049 |
Open | 20.60 |
Previous Close | 20.46 |
Day's Range | n/a |
52-Week Range | 8.35 - 29.90 |
Beta | n/a |
Analysts | n/a |
Price Target | 14.97 (-30.11%) |
Earnings Date | Aug 15, 2024 |
About Hut 8 Mining
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing " Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer managemen... [Read more]
Financial Performance
In 2023, Hut 8 Mining's revenue was 150.68 million, a decrease of -13.29% compared to the previous year's 173.77 million. Losses were -242.81 million, 233.9% more than in 2021.
Financial StatementsNews
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Hut 8 Announces Closing of $150 Million Investment from Coatue
MIAMI, July 01, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Ame...
CHWY Shares Halted, HUT Higher: The Frothy Market Dynamic
Chewy (CHWY) shares have been halted after “Roaring Kitty” posts dog meme on X. Kevin Green discusses the frothy dynamic in the market with stocks gaining and losing massive numbers.
![](https://cdn.benzinga.com/files/images/story/2024/06/27/Micronimage-gallery-high-res-allen-texas.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
Micron To Rally Over 12%? Here Are 10 Top Analyst Forecasts For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page . Stifel cu...
Hut 8 set to join Russell 3000 index
Hut 8 (HUT) will be included in the Russell 3000 index in 2024, signaling potential growth for the cryptocurrency mining company.
![](https://cdn.snapi.dev/images/v1/l/w/press5-2499228.jpg)
Hut 8 Set to Join to Russell 3000® Index
MIAMI, June 27, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Ame...
![](https://cdn.snapi.dev/images/v1/c/v/press11-2499233.jpg)
Hut 8 Set to Join to Russell 3000® Index
Miami, June 27, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Ame...
![](https://cdn.benzinga.com/files/images/story/2024/06/24/bitcoin-shutter3.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
What's Going On With Shares Of Bitcoin Miner Hut 8 Today?
Hut 8 Corp (NASDAQ: HUT) shares are rising Monday while other Bitcoin (CRYPTO: BTC) mining stocks fall alongside the price of bitcoin. Hut 8 on Monday announced a $150 million strategic investment t...
![](https://cdn.snapi.dev/images/v1/k/w/press15-2492342.jpg)
Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform
Funding will accelerate growth in Hut 8's data center portfolio Reinforces Hut 8's position as a market leader in sourcing, developing, and operating energy infrastructure MIAMI, June 24, 2024 (GLOBE ...
![](https://cdn.snapi.dev/images/v1/o/7/press16-2492343.jpg)
Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform
Funding will accelerate growth in Hut 8's data center portfolio; Reinforces Hut 8's position as a market leader in sourcing, developing, and operating energy infrastructure Funding will accelerate gro...
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvNDg0YmU3YTEtZjVmOS00MDAzLWFhZTktYTgwMzcwNTYxODk0LmpwZw==.jpg)
Bitcoin miners rise 10% after Trump promises to back US miners
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.
Bitcoin miners are shifting to AI
CNBC's Mackenzie Sigalos joins 'Power Lunch' to discuss bitcoin miners getting into AI.
![](https://www.valuewalk.com/wp-content/uploads/2024/05/Hut-8-300x150.jpeg)
Bulletin for Bitcoin Bulls: Here’s a Mining Stock You Mustn’t Miss
Got the Bitcoin (BTC-USD) post-halving event blues? Today I’ll lift your spirits with cryptocurrency pick Hut 8 (NASDAQ:HUT) stock, which ... Read more
Hut 8 (HUT) Q1 2024 Earnings Call Transcript
Hut 8 Corporation (NASDAQ:NASDAQ:HUT) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ETCompany ParticipantsAsher Genoot - Chief Executive...
Hut 8 Mining reports Q1 results
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Hut 8 Reports First Quarter 2024 Results
Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million
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Hut 8 Reports First Quarter 2024 Results
Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million
Hut 8 Mining Q1 2024 Earnings Preview
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Hut 8 Operations Update for April 2024
26.6 EH/s and 1.2 GW under management; Salt Creek site fully energized and Cedarvale site partially energized 26.6 EH/s and 1.2 GW under management; Salt Creek site fully energized and Cedarvale site ...
![](https://cdn.snapi.dev/images/v1/9/d/press13-2411433.jpg)
Hut 8 Operations Update for April 2024
26.6 EH/s and 1.2 GW under management Salt Creek site fully energized and Cedarvale site partially energized MIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Co...
![](https://cdn.snapi.dev/images/v1/7/8/press6-2387486.jpg)
Media Advisory: Hut 8 to Release Q1 2024 Results May 15
Miami, Fla, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of Nor...
![](https://cdn.snapi.dev/images/v1/i/y/press8-2387488.jpg)
Media Advisory: Hut 8 to Release Q1 2024 Results May 15
MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Am...
![](https://www.coindesk.com/resizer/JbqjSppDQM3qCfDEWTrSRb82rcY=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6MLZZPD2MNDSTGZKKSQCE2EC2A.jpg)
Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said...
Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)
TORONTO — SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Canadian investors w...
![](https://cdn.snapi.dev/images/v1/j/w/press14-2375614.jpg)
Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)
TORONTO--(BUSINESS WIRE)--SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Cana...
![](https://cdn.snapi.dev/images/v1/l/x/press8-2372981.jpg)
Hut 8 optimizes self-mining operations as miners come online at Salt Creek
Greenfield site energized in 78 days, less than three months after breaking ground Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profil...