Financial Services -
Financial - Capital Markets - NASDAQ - US
$ 21.9
3.89 %
$ 2.28 B
Market Cap
-33.18
P/E
1. INTRINSIC VALUE
Balance Sheet
Hut 8 Corp.
| Current Assets | 257 M |
| Cash & Short-Term Investments | 85 M |
| Receivables | 8.06 M |
| Other Current Assets | 164 M |
| Non-Current Assets | 1.26 B |
| Long-Term Investments | 88.4 M |
| PP&E | 242 M |
| Other Non-Current Assets | 931 M |
| Current Liabilities | 154 M |
| Accounts Payable | 11.3 M |
| Short-Term Debt | 72.4 M |
| Other Current Liabilities | 70.2 M |
| Non-Current Liabilities | 384 M |
| Long-Term Debt | 273 M |
| Other Non-Current Liabilities | 111 M |
EFFICIENCY
Earnings Waterfall
Hut 8 Corp.
| Revenue | 672 M |
| Cost Of Revenue | 86.7 M |
| Gross Profit | 585 M |
| Operating Expenses | 125 M |
| Operating Income | 461 M |
| Other Expenses | 129 M |
| Net Income | 331 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Hut 8 Corp.
| Net Income | 331 M |
| Depreciation & Amortization | 49.4 M |
| Capital Expenditures | -265 M |
| Stock-Based Compensation | 20.8 M |
| Change in Working Capital | -14.4 M |
| Others | -580 M |
| Free Cash Flow | -333 M |
Wall Street Analysts Price Targets
Hut 8 Corp.
Wall Street analysts predict an average 1-year price target for HUT of $20 , with forecasts ranging from
a
low of
$8 to a high of $33 .
HUT Lowest Price Target
Wall Street Target
8 USD
-63.47%
HUT Average Price Target
Wall Street Target
20 USD
-8.68%
HUT Highest Price Target
Wall Street Target
33 USD
50.68%
4. DIVIDEND
ANALYSIS
HUT does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Hut 8 Corp.
Sold
0-3 MONTHS
322 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Hut 8 (HUT) Moves 14.1% Higher: Will This Strength Last?
Hut 8 (HUT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
zacks.com
- 5 days ago
Hut 8 Secures Five-Year Capacity Contracts with IESO for 310 MW of Power Generation Assets
MIAMI, July 02, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that each of its four natural gas-fired power plants in Ontario (collectively, the “Portfolio”) has been awarded a five-year capacity contract with the Ontario Independent Electricity System Operator (“IESO”). The Portfolio is owned and operated by Far North Power Corp. (“Far North”), an entity formed by Hut 8 and Macquarie Equipment Finance Ltd.
globenewswire.com
- 1 week ago
Rocket Lab ($RKLB) | Eve Air Mobility ($EVEX) | JinkoSolar ($JKS) | Hut 8 ($HUT)
Welcome to the Green Stock News brief for Monday June 30th. Here are today's top headlines: Rocket Lab (NASDAQ: RKLB) has successfully launched its 68th Electron rocket from New Zealand, deploying a satellite for a commercial customer in a mission called “Symphony In The Stars.
youtube.com
- 1 week ago
Hut 8 Energizes Vega Data Center
205 MW facility will support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling Believed to be the largest single-building Bitcoin mining facility by nameplate hashrate MIAMI, June 30, 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 the initial energization of Vega. Based on publicly available information, we believe Vega to be the largest single-building Bitcoin mining facility by nameplate hashrate.
globenewswire.com
- 1 week ago
5 Crypto-Centric Stocks in Focus on Recent Positive Developments
Crypto stocks COIN, HOOD, HUT, IREN, MARA rally as Trump's ceasefire deal, a new Senate bill to reduce SEC oversight and stablecoin bill fuel sector optimism.
zacks.com
- 1 week ago
Hut 8 Amends and Expands Bitcoin-Backed Credit Facility with Coinbase to $130 Million
MIAMI, June 24, 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 that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026. The amended facility reflects significant improvements in both economic and structural terms, including: Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline.
globenewswire.com
- 2 weeks ago
PIZZA HUT® IS HOOKING YOU UP WITH THE NEW HUT LOVER'S PIZZAS®: FOUR LEGENDARY PIZZAS. ONE UNDENIABLE PRICE.
NEW Spicy Hawaiian Lover's Pizza Headlines the Lineup, Each Pizza Just $12.99 PLANO, Texas , June 24, 2025 /PRNewswire/ -- Pizza Hut® is hooking pizza lovers up with more of what they love this summer with the launch of the Hut Lover's Pizzas ® – a limited-time lineup of four over-the-top pizzas, each piled high with premium toppings priced at $12.99 for one large pizza. Pizza Hut is delivering more of what fans love: more toppings, more flavor, more good times – for less.
prnewswire.com
- 2 weeks ago
American Bitcoin to go public via merger with Gryphon Digital Mining
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.
proactiveinvestors.com
- 1 month ago
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 fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreement to go public with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) (“Gryphon”) pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the American Bitcoin board of directors, including Mike Ho, Asher Genoot, Justin Mateen, and Michael Broukhim, and management team, including Mike Ho, Matt Prusak, and Eric Trump.
globenewswire.com
- 1 month ago
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 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
- 1 month ago
'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.
youtube.com
- 2 months ago
Hut 8 Corp. (HUT) Q1 2025 Earnings Call Transcript
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.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Hut 8 Corp. HUT
COUNTRY
US
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 2.28 B
Dividend Yield
0.00%
Description
Hut 8 Corp Hut 8 Corp. is a vertically integrated operator of large-scale energy infrastructure and Bitcoin miners. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads such as Bitcoin mining, high performance computing, and artificial intelligence.
Contact
1101 Brickell Avenue, Suite 1500, Miami, FL, 33131
https://hut8.com
IPO
Date
March 8, 2018
Employees
222
Officers
Mr. Asher Kevin Genoot
Co-Founder, Chief Executive Officer & Director
Mr. James Beer
Senior Vice President of Operations
Mr. Sean Glennan
Chief Financial Officer
Ms. Suzanne Ennis
Head of Investor Relations
Mr. Victor Semah J.D.
Chief Legal Officer & Corporate Secretary
Mr. Michael Ho
Co-Founder, Chief Strategy Officer & Director