Hut 8 Mining Corp. (HUT)
| Market Cap | 1.19B |
| Revenue (ttm) | 152.37M |
| Net Income (ttm) | -250.73M |
| Shares Out | 88.96M |
| EPS (ttm) | -2.66 |
| PE Ratio | n/a |
| Forward PE | 29.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 18,629,401 |
| Open | 16.40 |
| Previous Close | 16.13 |
| Day's Range | 12.84 - 16.71 |
| 52-Week Range | 4.00 - 22.75 |
| Beta | 3.45 |
| Analysts | Buy |
| Price Target | 15.63 (+17.17%) |
| Earnings Date | Nov 14, 2023 |
About HUT
Hut 8 Corp. provides digital asset mining and high-performance computing infrastructure solutions in Canada. It operates computing infrastructure sites mines Bitcoin, as well as delivers cloud, colocation, and computing services to enterprise customers. The company was founded in 2017 and is based in Miami, Florida. [Read more]
Analyst Forecast
According to 2 analysts, the average rating for HUT stock is "Buy." The 12-month stock price forecast is $15.63, which is an increase of 17.17% from the latest price.
News
Hut 8 selected by Celsius debtors to build out Cedarvale, Texas site
Managed Services team to build out and install approximately 66,000 miners at 215MW site Managed Services team to build out and install approximately 66,000 miners at 215MW site
Update on Hut 8's Stalking Horse Bid for four natural gas power plants including the North Bay Bitcoin mine
MIAMI, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), ("Hut 8” or the “Company”) one of North America's largest, most innovative digital asset mining pioneers and high performance ...
Hut 8 Operations Update for November 2023
Inaugural update of Hut 8 Corp. reflects breadth and depth of operations At 9,129 BTC, Hut 8 continues to have one of the largest self-mined Bitcoin reserves of any publicly traded company MIAMI, Dec....
Hut 8 and USBTC Announce Completion of Business Combination
Shares of Hut 8 Corp. common stock are expected to begin trading on Nasdaq and the TSX on December 4 under the ticker symbol “HUT”; Completion of the transaction creates a strong, diversified, and inf...
US Bitcoin Corp Stockholders Approve Transformational Business Combination with Hut 8
MIAMI--(BUSINESS WIRE)--Today, U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) is thrilled to announce that its stockholders have overwhelmingly voted in favor of the proposed business comb...
Hut 8 drives innovative recycling initiative for the second year running, earning 44% more carbon credits than in 2022
Partnering with Sparta Group's ERS International, Hut 8 recycled retired miners and parts, earning 7,500 high-quality carbon credits Partnering with Sparta Group's ERS International, Hut 8 recycled re...
Hut 8 Reports Operating and Financial Results for Q3 2023
Quarterly revenue of $17.0 million including $4.5 million from the high performance computing business 9,366 self-mined Bitcoin held in custody or pledged as collateral on September 30 TORONTO, Nov. 1...
US Bitcoin Corp Updates on Merger with Hut 8 and Court Approval of Celsius Bankruptcy Plan
MIAMI--(BUSINESS WIRE)--Today, U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) announces two significant developments: the progression of its merger with Hut 8 Mining Corp (“Hut 8”) and cou...
Hut 8 Announces Effectiveness of Registration Statement on Form S-4 in Connection with Merger with US Bitcoin Corp
TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8” or the “Company”) one of North America's largest, innovation-focused digital asset mining pioneers and ...
Hut 8 Provides Update on Business Combination with USBTC
TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8” or the “Company”) one of North America's largest, innovation-focused digital asset mining pioneers and ...
Hut 8 Mining Production and Operations Update for October 2023
At 9,113 BTC, Hut 8 continues to have one of the largest self-mined Bitcoin reserves of any publicly traded company
Hut 8 receives Court approval for a stalking horse bid for four natural gas power plants and the North Bay Bitcoin mine
Hut 8 seeking to become a vertically integrated mining operation and expand into energy operations, enhancing its infrastructure portfolio TORONTO , Nov. 3, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nas...
Media Advisory: Hut 8 to Release Q3 2023 Results November 14
TORONTO , Nov. 3, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), innovation-focused digital asset mining pioneer and provider of high-performance computing...
Hut 8 Mining Production and Operations Update for September 2023
At 9,366 BTC, Hut 8 continues to have one of the largest self-mined Bitcoin reserves of any publicly traded company 111 Bitcoin mined in September TORONTO , Oct. 10, 2023 /PRNewswire/ - Hut 8 Mining C...
Hut 8 Provides Update on Business Combination with USBTC: Obtains Final Order for Plan of Arrangement from the Supreme Court of British Columbia
TORONTO , Sept. 18, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high...
Hut 8 Announces Voting Results From Special Meeting
Shareholders overwhelmingly approve the Merger of Equals with US Bitcoin Corp TORONTO , Sept. 12, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") one of Nort...
Hut 8 Mining Production and Operations Update for August 2023
At 9,255 BTC, Hut 8 continues to have one of the largest self-mined Bitcoin reserves of any publicly traded company 103 Bitcoin mined in August TORONTO , Sept. 12, 2023 /PRNewswire/ - Hut 8 Mining Cor...
Independent Proxy Advisory Firm Glass Lewis Recommends Hut 8 Shareholders Vote for Merger of Equals with US Bitcoin Corp
Votes must be received no later than 4 p.m. ET September 8, 2023 TORONTO , Aug. 30, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's l...
Independent Proxy Advisory Firm ISS Recommends Hut 8 Shareholders Vote for Merger of Equals with US Bitcoin Corp
Votes must be received no later than 4 p.m. ET September 8, 2023 TORONTO , Aug. 29, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's l...
Hut 8 Shareholders Now Able to Vote on Merger of Equals with US Bitcoin Corp
Votes must be received no later than 4 p.m. ET September 8, 2023 TORONTO , Aug. 23, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's l...
Hut 8 Reports Operating and Financial Results for Q2 2023
Quarterly revenue of $19.1 million including $4.2 million from the high performance computing business 9,136 self-mined Bitcoin held in custody or pledged as collateral on June 30 TORONTO , Aug. 14,...
Hut 8 Announces Receipt of Interim Order and Filing of Management Information Circular in Connection with the Business Combination with US Bitcoin
Shareholders of record at the close of business on August 8, 2023 are encouraged to vote at the special meeting to be held on September 12, 2023 TORONTO , Aug. 14, 2023 /PRNewswire/ - Hut 8 Mining Cor...
Hut 8 Mining Production and Operations Update for July 2023
Remediation continuing in Drumheller, Alberta At 9,152 BTC, Hut 8 continues to have one of the largest self-mined Bitcoin reserves of any publicly traded company 116 Bitcoin mined in July TORONTO , Au...
Hut 8 executes Support Agreement with Macquarie
TORONTO , Aug. 11, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high...
Media Advisory: Hut 8 to Attend Three Annual Conferences in the Coming Weeks
TORONTO , Aug. 4, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high ...