Hut 8 Corp. (TSX:HUT)

Canada flag Canada · Delayed Price · Currency is CAD
21.69
+2.34 (12.09%)
May 12, 2025, 4:00 PM EDT
97.90%
Market Cap 2.26B
Revenue (ttm) 190.39M
Net Income (ttm) -76.01M
Shares Out n/a
EPS (ttm) -0.80
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,317,179
Average Volume 1,515,225
Open 20.99
Previous Close 19.35
Day's Range 20.95 - 22.80
52-Week Range 10.53 - 45.20
Beta n/a
RSI 64.02
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

American Bitcoin Spin-Off, AI Ambitions To Boost Hut 8 Stock: Analyst

Analyst maintains Buy rating and $32 price forecast for Hut 8 ($HUT), citing potential growth in AI hosting and undervaluation in public markets. Latest Ratings ... Full story available on Benzinga.co...

10 hours ago - Benzinga

American Bitcoin Spin-Off, AI Ambitions To Boost Hut 8 Stock: Analyst

Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Hut 8 Corp. HUT and reiterated the $32 price forecast.

10 hours ago - Benzinga

Hut 8 Subsidiary American Bitcoin Announces Go-Public Transaction

MIAMI, May 12, 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 to...

18 hours ago - GlobeNewsWire

Hut 8 Q1 Earnings: A $1B Bitcoin Stash And A Capital-Light Future

Hut 8 Corp. missed consensus revenue estimates but beat EPS estimates, reporting $21.8 million in revenue and a $134.3 million net loss due to Bitcoin value changes. The creation of American Bitcoin a...

3 days ago - Seeking Alpha

Hut 8 Analysts Still Bullish Despite Q1 Miss; Bets On American Bitcoin, HPC/AI Potential

Analysts maintained their rating/price forecast on Hut 8 Corp. (NASDAQ: HUT) following the first quarter results reported on Thursday . The company reported EPS of $(1.30), which was below the estima...

3 days ago - Benzinga

'UP, UP AND AWAY': Crypto soars after Trump's UK trade deal

'The Big Money Show' panel discusses the impact of President Donald Trump's U.K. trade deal on cryptocurrency.

4 days ago - Fox Business

Hut 8 Mining GAAP EPS of -$1.30, revenue of $21.8M

Hut 8 Mining reports Q1 revenue of $21.8M (-57.8% Y/Y) and a net loss of $134.3M.

4 days ago - Seeking Alpha

Hut 8 Reports First Quarter 2025 Results

ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarter Launch of American Bitcoin accelerates Hut 8's evolution as an integrated energy infrast...

4 days ago - GlobeNewsWire

Hut 8 Mining Q1 2025 Earnings Preview

5 days ago - Seeking Alpha

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...

11 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...

11 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...

17 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 ...

4 weeks 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...

5 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...

5 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...

5 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 ...

5 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

6 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

6 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...

6 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...

6 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.

6 weeks ago - Reuters