Hut 8 Mining (HUT) Stock

Reserve built through low-cost production and strategic at-market purchase Purchased Bitcoin to support innovative financing model for fleet upgrade MIAMI, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced the purchase of approximately 990 Bitcoin. The aggregate purchase price of the acquired Bitcoin was approximately $100 million, or an average of approximately $101,710 per Bitcoin.

MIAMI, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced that board member Amy Wilkinson has been named by the National Association of Corporate Directors (NACD) to the 2024 NACD Directorship 100. This annual award celebrates and recognizes the most influential directors and leaders in the corporate governance community, who have demonstrated excellence in the boardroom through innovation, courage, and integrity.

The mean of analysts' price targets for Hut 8 (HUT) points to a 26% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Hut 8, a vertically integrated operator of large-scale energy infrastructure and Bitcoin miner, today released its operations update for November 2024.

MIAMI, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced three capital markets updates:

Hut 8 reported $43.7 million in top-line revenue for third quarter 2024. Breaking revenue out by segment, 'Managed Services' had the largest nominal increase - mainly attributed to a $13.5 million payment from MARA. Digital Mining revenue was down 25% year over year and HPC revenue came in at just $3.4 million.

Hut 8 Corp. (NASDAQ:HUT ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Asher Genoot - CEO Sean Glennan - CFO Conference Call Participants Mark Palmer - The Benchmark Company George Sutton - Craig-Hallum Capital Group Mike Colonnese - HC Wainwright John Todaro - Needham Operator Good morning, and welcome to Hut 8 Q3 2024 Financial Results Conference Call. After today's presentation, there will be an opportunity to ask questions.

20.1 EH/s and 967 MW under management in mining with path to ~35 EH/s Vega site buildout advancing on track for Q2 2025 energization MIAMI, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for October 2024. “Following the announcement of our partnership with BITMAIN to launch the U3S21EXPH with a 15 EH/s hosting deployment, progress continues on our 205-megawatt Vega site, which will feature the custom rack-based architecture we developed in-house for the project,” said Asher Genoot, CEO of Hut 8.

For the First Time Ever, For A Limited Time Pizza Lovers Can Now Book a Reservation at Their Own Personal Pan Pizza Hut to Create a Personal Pan Pizza® Featuring Pizza Hut's Newest, Modern Toppings PLANO, Texas , Oct. 16, 2024 /PRNewswire/ -- Today, Pizza Hut celebrates National Pizza Month by announcing the Personal Pan Pizza Hut. Inspired by its iconic Personal Pan Pizza®, a 6-inch pizza for one, the new exploratory concept is created exclusively for pizza lovers seeking experiences designed the same way they like their pizza: customized.