Hut 8 Corp. (TSX:HUT)

Canada flag Canada · Delayed Price · Currency is CAD
15.18
-0.78 (-4.89%)
Apr 16, 2025, 2:06 PM EDT
51.65%
Market Cap 1.66B
Revenue (ttm) 233.65M
Net Income (ttm) 477.53M
Shares Out n/a
EPS (ttm) 4.79
PE Ratio 3.47
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 778,893
Average Volume 1,477,498
Open 15.49
Previous Close 15.96
Day's Range 15.08 - 15.87
52-Week Range 9.95 - 45.20
Beta n/a
RSI 38.68
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

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 ...

5 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...

9 days 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...

11 days 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...

13 days 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 ...

14 days 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...

14 days 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...

14 days 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

15 days 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

16 days 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...

16 days 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...

16 days 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.

16 days 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...

16 days 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.

4 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...

4 weeks ago - Seeking Alpha

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

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

5 weeks 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,...

5 weeks ago - GlobeNewsWire

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

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

5 weeks 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...

6 weeks 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...

6 weeks ago - Benzinga

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

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

6 weeks ago - GuruFocus

Hut 8 Mining reports FY results

6 weeks 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...

6 weeks ago - GlobeNewsWire