Hut 8 Corp. (TSX:HUT)

Canada flag Canada · Delayed Price · Currency is CAD
19.52
-0.46 (-2.30%)
Mar 25, 2025, 4:00 PM EST
64.59%
Market Cap 2.03B
Revenue (ttm) 233.65M
Net Income (ttm) 477.53M
Shares Out n/a
EPS (ttm) 4.79
PE Ratio 4.25
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,017,950
Average Volume 1,660,367
Open 19.95
Previous Close 19.98
Day's Range 19.10 - 19.95
52-Week Range 9.62 - 45.20
Beta n/a
RSI 42.56
Earnings Date Mar 3, 2025

About Hut 8

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. 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 management; energy portfolio optimization and strategic initiatives; and f... [Read more]

Industry Capital Markets
Sector Financials
Founded 2017
Employees 222
Stock Exchange Toronto Stock Exchange
Ticker Symbol HUT
Full Company Profile

Financial Performance

In 2024, Hut 8's revenue was $162.39 million, an increase of 69.07% compared to the previous year's $96.05 million. Earnings were $331.88 million, an increase of 1418.91%.

Financial numbers in USD Financial Statements

News

Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year

Bitcoin BTC/USD mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L.

8 days ago - Benzinga

Hut 8: Paper Gains Mask A Brutal 2024

Four months ago, I recommended holding off on Hut 8 due to its inflated valuation despite a decent Q3 report. More recently, HUT 8 was able to grow total revenue by 69% for the full year 2024. Gross m...

9 days ago - Seeking Alpha

Hut 8 Corp (HUT) Announces Major Expansion and Fleet Upgrade

Hut 8 Corp (HUT) Announces Major Expansion and Fleet Upgrade

19 days ago - GuruFocus

Hut 8 Operations Update for February 2025

592-acre site secured for newest River Bend campus in Louisiana ASIC fleet upgrade underway with deployment of new miners  Vega development progressing on schedule for Q2 energization MIAMI, March 06,...

19 days ago - GlobeNewsWire

Hut 8 Corp (HUT) Trading Down 7.46% on Mar 6

Hut 8 Corp (HUT) Trading Down 7.46% on Mar 6

19 days ago - GuruFocus

Hut 8: This Fast-Growing Crypto Miner Does More Than Just Bitcoin Mining

Reiterating a bullish stance on Hut 8 with a $30 price target, citing improved fundamentals and diversification beyond Bitcoin mining. Hut 8's strategic shift includes revenue from AI, data centers, a...

20 days ago - Seeking Alpha

This Is What Whales Are Betting On Hut 8

Investors with significant funds have taken a bearish position in Hut 8 (NASDAQ: HUT), a development that retail traders should be aware of. This was brought to our attention today through our monito...

21 days ago - Benzinga

Decoding Hut 8 Corp (HUT): A Strategic SWOT Insight

Decoding Hut 8 Corp (HUT): A Strategic SWOT Insight

22 days ago - GuruFocus

Hut 8 Mining reports FY results

22 days ago - Seeking Alpha

Hut 8 Reports Fourth Quarter and Full Year 2024 Results

Fortified balance sheet, optimized operations, disciplined growth initiatives, and strategic hires set foundation for 2025 12,300 MW development pipeline with 2,800 MW under exclusivity as of December...

22 days ago - GlobeNewsWire

Earnings Scheduled For March 3, 2025

Companies Reporting Before The Bell • Sphere Entertainment (NYSE: SPHR) is expected to report earnings for its second quarter. • TG Therapeutics (NASDAQ: TGTX) is expected to report quarterly earnin...

22 days ago - Benzinga

Hut 8 Mining Q4 2024 Earnings Preview

25 days ago - Seeking Alpha

Hut 8 Schedules Full-Year 2024 Earnings Release and Conference Call

MIAMI, Feb. 10, 2025 (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...

6 weeks ago - GlobeNewsWire

Hut 8 Operations Update for January 2025

Infrastructure upgrades near completion in advance of expected miner deliveries 205 MW Vega project advancing on track for Q2 2025 energization MIAMI, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Na...

7 weeks ago - GlobeNewsWire

Cantor Fitzgerald's Brett Knoblauch on how Stargate could be a bullish opportunity for crypto miners

Brett Knoblauch, Cantor Fitzgerald head of digital asset research, joins 'Power Lunch' to discuss the energy needed to power AI in Stargate deal and the winners from it.

2 months ago - CNBC Television

Hut 8 Corp (HUT) Stock Price Up 9.12% on Jan 15

Hut 8 Corp (HUT) Stock Price Up 9.12% on Jan 15

2 months ago - GuruFocus

Hut 8 Is This Analyst's Top Pick For 2025 - Here's Why

Needham analyst John Todaro reiterated a Buy rating on the shares of Hut 8 Corp HUT and maintained a price target of $38.00.

2 months ago - Benzinga

Hut 8 Corp (HUT) Trading Down 5.98% on Jan 13

Hut 8 Corp (HUT) Trading Down 5.98% on Jan 13

2 months ago - GuruFocus

CleanSpark becomes fourth Bitcoin miner to hold 10,000 BTC

CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining Corp as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet.

2 months ago - Cointelegraph

Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce

Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.

2 months ago - CoinDesk

Hut 8 Corp (HUT) Announces Key Infrastructure Upgrades and Expansion Plans

Hut 8 Corp (HUT) Announces Key Infrastructure Upgrades and Expansion Plans

2 months ago - GuruFocus

Hut 8 Operations Update for December 2024

Miner shipments expected to begin in January, marking key step in driving average fleet efficiency down to 19.9 J/TH 205 MW Vega project advancing on track for Q2 2025 energization MIAMI, Jan. 07, 202...

2 months ago - GlobeNewsWire

Hut 8's Options: A Look at What the Big Money is Thinking

Investors with a lot of money to spend have taken a bullish stance on Hut 8 (NASDAQ: HUT). And retail traders should know. We noticed this today when the trades showed up on publicly available option...

2 months ago - Benzinga