Hut 8 Corp. (TSX:HUT)

Canada flag Canada · Delayed Price · Currency is CAD
17.56
-0.05 (-0.28%)
May 6, 2025, 4:00 PM EDT
54.58%
Market Cap 1.83B
Revenue (ttm) 233.65M
Net Income (ttm) 477.53M
Shares Out n/a
EPS (ttm) 4.79
PE Ratio 3.83
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 936,789
Average Volume 1,552,572
Open 17.18
Previous Close 17.61
Day's Range 16.88 - 17.67
52-Week Range 10.53 - 45.20
Beta n/a
RSI 48.82
Earnings Date May 8, 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 Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining

Bitcoin (CRYPTO: BTC) had a blowout April , rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd (NASDAQ: IREN), Rio...

5 days ago - Benzinga

Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining

Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIO...

5 days ago - Benzinga

Bitcoin Mining Costs Jump To $137,000 Per Coin When Accounting For Non-Cash Expenses: CoinShares

Bitcoin (CRYPTO: BTC) mining expenses rose sharply in the final quarter of 2024, with CoinShares reporting that the total average cost to produce one Bitcoin, including non-cash items, climbed to $13...

11 days ago - Benzinga

Hut 8 Schedules First Quarter 2025 Earnings Release and Conference Call

MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale ...

26 days ago - GlobeNewsWire

Bitcoin hashrate tops 1 Zetahash in historic first, trackers show

The Bitcoin network hashrate has topped 1 Zetahash per second (ZH/s) for the first time in Bitcoin’s 16-year history, according to several blockchain data sources. Bitcoin’s hashrate crossed the miles...

4 weeks ago - Cointelegraph

Hut 8 Operations Update for March 2025

102% increase in deployed hashrate from an average of 4.6 EH/s in February 2025 to 9.3 EH/s as of the end of March 2025 31% improvement in fleet efficiency from an average of 29.3 J/TH in February 202...

4 weeks ago - GlobeNewsWire

Hut 8: The New JV Is Ho-Hum, But The Stock Looks Cheap

Hut 8 Corp.'s new venture with Eric Trump aims to boost its Bitcoin mining capacity. The stock is near a potential bottom, with positive divergences on momentum indicators, but confirmation requires b...

4 weeks ago - Seeking Alpha

Trump Family-Backed Bitcoin Mining Firm Could See A Public Listing In The Future

American Bitcoin Corp ., a newly formed Bitcoin (CRYPTO: BTC) mining firm backed by President Donald Trump's sons, plans to eventually go public. What happened: During an interview with Bloomberg TV ...

4 weeks ago - Benzinga

Eric Trump, Hut 8 CEO outline partnership to launch new bitcoin mining company: CNBC Crypto World

On today's show, bitcoin climbs to the $85,000 level to kick off April while notching back-to-back monthly losses in March. And, crypto investor Chun Wang blasts off into space in the first human spac...

5 weeks ago - CNBC Television

Looking At Hut 8's Recent Unusual Options Activity

Financial giants have made a conspicuous bullish move on Hut 8. Our analysis of options history for Hut 8 (NASDAQ: HUT) revealed 13 unusual trades. Delving into the details, we found 46% of traders w...

5 weeks ago - Benzinga

Hut 8 Shares Are Down Today: What's Going On?

Hut 8 Corp. (NASDAQ: HUT) shares are are trading lower Monday ... Full story available on Benzinga.com

5 weeks ago - Benzinga

Yum Brands (YUM) Seeks New CEO as Corcept (CORT) and Hut 8 (HUT) Shares Climb

Yum Brands (YUM) Seeks New CEO as Corcept (CORT) and Hut 8 (HUT) Shares Climb

5 weeks ago - GuruFocus

What's Going On With Dominari Holdings Stock Monday?

Dominari Holdings Inc (NASDAQ: DOMH) shares are trading lower. The company on Monday announced a Bitcoin (CRYPTO: BTC) mining deal with Hut 8 Corp (NASDAQ: HUT) and priced a registered direct offer...

5 weeks ago - Benzinga

Trump Brothers Team Up with Hut 8 in Bitcoin Mining Venture

Bitcoin mining platform Hut 8 (HUT) and Donald Trump's sons have joined forces to launch a new firm called American Bitcoin focused exclusively on "industrial-scale Bitcoin mining and strategic Bitcoi...

5 weeks ago - Investopedia

Hut 8, Eric Trump to launch bitcoin mining company

Hut 8 said on Monday it had joined hands with President Donald Trump's son, Eric Trump, to launch a bitcoin mining company called American Bitcoin.

5 weeks ago - Reuters

Hut 8 and Eric Trump Launch American Bitcoin to Set a New Standard in Bitcoin Mining

American Bitcoin Highlights American Bitcoin aims to become the world's largest, most efficient pure-play miner while building a robust strategic Bitcoin reserve Path to 50+ EH/s at average fleet effi...

5 weeks ago - GlobeNewsWire

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.

7 weeks 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...

7 weeks ago - Seeking Alpha

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

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

2 months 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,...

2 months ago - GlobeNewsWire

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

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

2 months 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...

2 months 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...

2 months ago - Benzinga

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

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

2 months ago - GuruFocus