Hut 8 Corp. (HUT)
$
15.27
-0.11 (-0.72%)
Key metrics
Financial statements
Free cash flow per share
-3.8786
Market cap
1.7 Billion
Price to sales ratio
38.2665
Debt to equity
0.3696
Current ratio
1.2622
Income quality
1.0614
Average inventory
0
ROE
-0.0896
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America, focusing on industrial-scale bitcoin mining operations. The financial data pertains to the fiscal year 2024. The company recorded a net income of $331,882,000.00 reflecting its profitability, while also achieving an operating income of $460,539,000.00 which highlights its earnings from core operations. The weighted average number of shares outstanding is 95,330,000.00 showcasing the company's shareholder base. Additionally, the weighted average number of diluted shares outstanding is 97,942,500.00 reflecting potential dilution effects. Hut 8 Mining Corp. owns and operates 38 BlockBoxes in Drumheller, Alberta, and 51 BlockBoxes in Medicine Hat, Alberta. Incorporated in 2011, the company is headquartered in Toronto, Canada. The stock is affordable at $15.38 suitable for budget-conscious investors looking to enter the market. With a high average trading volume of 5,966,036.00 the stock indicates strong liquidity, making it accessible for trading. Hut 8 Mining Corp. has a mid-range market capitalization of $1,591,439,400.00 positioning the company as a steady performer in the cryptocurrency sector. As it continues to innovate, Hut 8 is a key player in the Financial - Capital Markets industry, contributing significantly to the overall market landscape. Moreover, it belongs to the Financial Services sector, driving innovation and growth in the evolving cryptocurrency market.
Is Hut 8 Corp. (HUT) a good investment?
Investing in Hut 8 Corp. (HUT) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C-, with a Bearish outlook. Always conduct your own research before investing.
What is Hut 8 Corp. (HUT)'s stock forecast?
Analysts predict Hut 8 Corp. stock to fluctuate between $8.73 (low) and $31.95 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Hut 8 Corp.'s market capitalization?
As of 2025-05-30, Hut 8 Corp.'s market cap is $1,591,439,400, based on 104,220,000 outstanding shares.
How does Hut 8 Corp. compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, Hut 8 Corp. has a Lower Market-Cap, indicating a difference in performance.
How can I buy Hut 8 Corp. (HUT) stock?
To buy Hut 8 Corp. (HUT) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for HUT. Place an order (Market, Limit, etc.).
What is the best time to invest in Hut 8 Corp.?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has Hut 8 Corp. stock ever split?
Hut 8 Corp.'s last stock split was 1:5 on 2023-12-04.
How did Hut 8 Corp. perform in the last earnings report?
Revenue: $671,722,000 | EPS: $3.48 | Growth: 987.50%.
Where can I find Hut 8 Corp.'s investor relations reports?
Visit https://hut8.com//investor-relations for detailed financial reports.
Where can I find historical stock prices for Hut 8 Corp.?
You can explore historical data from here
What is the all-time high and low for Hut 8 Corp. stock?
All-time high: $82.85 (2021-11-09) | All-time low: $3.90 (2022-12-27).
What are the key trends affecting Hut 8 Corp. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
proactiveinvestors.com
American Bitcoin, a Bitcoin mining company launched earlier this year by Hut 8 Mining Corp (TSX:HUT) and backed by Donald Trump's sons Eric Trump and Donald Trump Jr, will go public via a stock-for-stock merger with Gryphon Digital Mining. Shares of Gryphon added 170% in the early afternoon on Monday.
seekingalpha.com
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 allows HUT to decouple mining investments, reducing capital burden and potentially increasing margins through a capital-light structure. HUT's 1.34x Hodl multiple is fairly valued, with 75% of its market cap backed by Bitcoin holdings, indicating a strong BTC-backed risk-reward profile.
seekingalpha.com
Hut 8 Corp. (NASDAQ:HUT ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Sue Ennis - Head, Investment Relations Asher Genoot - Chief Executive Officer Sean Glennan - Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallam Paul Golding - Macquarie John Todaro - Needham Patrick Moley - Piper Sandler Brett Knoblauch - Cantor Fitzgerald Bill Papanastasiou - KBW Mike Grondahl - Northland Brian Dobson - Clear Street Stephen Glagola - Jones Trading Operator Good day. Thank you for standing by.
globenewswire.com
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 infrastructure platform Earnings Release Highlights Revenue of $21.8 million, net loss of $134.3 million, and Adjusted EBITDA of ($117.7) million. Total energy capacity under management of 1,020 megawatts (“MW”) as of March 31, 2025.
zacks.com
Hut's first-quarter 2025 performance is expected to have benefited from digital infrastructure growth, power asset monetization, and diversification into AI and HPC markets.
globenewswire.com
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 to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced it will release financial results for the first quarter of 2025 before the market opens on May 8, 2025. The Company will host a conference call and webcast to review the results on the same day at 8:30 a.m.
prnewswire.com
Pizza Hut Flips the Caviar Trend on its Head with a Bold New Creation – a savory Pepperoni-Flavored "Caviar" – Served in the Exclusive New Pizza Caviar Bump Box PLANO, Texas , April 9, 2025 /PRNewswire/ -- Pizza Hut is putting an indulgent twist on the caviar craze sweeping foodie culture with the launch of "Pizza Caviar"* – a first-of-its-kind innovation that transforms the fine dining trend into something completely unexpected. Caviar has been elevating some of the world's most beloved comfort foods with the unexpected hi-low pairings popping up in upscale restaurants and gracing social feeds across the country.
globenewswire.com
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 2025 to 20.1 J/TH as of the end of March 2025 Launch of American Bitcoin in partnership with Eric Trump MIAMI, April 04, 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 fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today released its operations update for March 2025. “This month, we achieved strong alignment between operational momentum and long-term strategic direction,” said Asher Genoot, CEO of Hut 8.
seekingalpha.com
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 breaking above the 20-day EMA. Bitcoin's performance is crucial for Hut 8's bull case, though current market conditions are risk-off, creating risk to the stock.
globenewswire.com
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 efficiency of
See all news
