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Hut 8 Mining (HUT) Stock

Profile

Country:

United States

IPO:

08 March 2018

Indexes:

Not included

Description:

Hut 8 Mining is a cryptocurrency mining company based in Canada. It focuses on mining Bitcoin and other digital currencies using advanced technology. The company aims to provide secure and efficient mining operations while contributing to the growth of the blockchain ecosystem.

Key Details

Price

$25.18

Annual Revenue

$93.23 M(+7.49% YoY)

Annual EPS

$0.11(+114.85% YoY)

Beta

3.23

Events Calendar

Earnings

Next earnings date:

Mar 28, 2025

Recent quarterly earnings:

Nov 13, 2024

Recent annual earnings:

Mar 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Dec 04, 2023

Analyst ratings

Recent major analysts updates

14 Nov '24 Needham
Buy
14 Nov '24 HC Wainwright & Co.
Buy
14 Nov '24 Craig-Hallum
Buy
14 Nov '24 Canaccord Genuity
Buy
14 Nov '24 Benchmark
Buy
07 Oct '24 Benchmark
Buy
02 Oct '24 Craig-Hallum
Buy
24 Sept '24 Needham
Buy
20 Sept '24 HC Wainwright & Co.
Buy
23 Aug '24 Needham
Buy

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Institutional Ownership

Hut 8: A Third Quarter Earnings Review
Hut 8: A Third Quarter Earnings Review
Hut 8: A Third Quarter Earnings Review
HUT
seekingalpha.com13 November 2024

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. (HUT) Q3 2024 Earnings Call Transcript
Hut 8 Corp. (HUT) Q3 2024 Earnings Call Transcript
Hut 8 Corp. (HUT) Q3 2024 Earnings Call Transcript
HUT
seekingalpha.com13 November 2024

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.

Hut 8 Operations Update for October 2024
Hut 8 Operations Update for October 2024
Hut 8 Operations Update for October 2024
HUT
globenewswire.com05 November 2024

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.

PIZZA HUT® UNVEILS THE 'PERSONAL PAN PIZZA HUT,' A NEW RESTAURANT EXPERIENCE EXCLUSIVELY SERVING PERSONALIZED PERSONAL PAN PIZZAS
PIZZA HUT® UNVEILS THE 'PERSONAL PAN PIZZA HUT,' A NEW RESTAURANT EXPERIENCE EXCLUSIVELY SERVING PERSONALIZED PERSONAL PAN PIZZAS
PIZZA HUT® UNVEILS THE 'PERSONAL PAN PIZZA HUT,' A NEW RESTAURANT EXPERIENCE EXCLUSIVELY SERVING PERSONALIZED PERSONAL PAN PIZZAS
HUT
prnewswire.com16 October 2024

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.

Hut 8 Operations Update for September 2024
Hut 8 Operations Update for September 2024
Hut 8 Operations Update for September 2024
HUT
globenewswire.com04 October 2024

19.5 EH/s and 762 MW under management in mining with path to 33.5 EH/s Announced partnership with BITMAIN to host next-generation ASIC miner with purchase option to reach 20 EH/s of self-mining GPU-as-a-service subsidiary generating revenue with first cluster fully online Outstanding balance of Anchorage Digital loan equitized at price of $16.395 per share Miami, FL, Oct. 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 released its operations update for September 2024. “We made significant strides in scaling our compute layer across Bitcoin mining and AI this month,” said Asher Genoot, CEO of Hut 8.

Hut 8 Announces Early Payoff of Outstanding Loan
Hut 8 Announces Early Payoff of Outstanding Loan
Hut 8 Announces Early Payoff of Outstanding Loan
HUT
globenewswire.com01 October 2024

Anchorage Digital converted entire ~$38 million loan balance to common shares at a price of $16.395 per share

PIZZA HUT CELEBRATES 40 YEARS OF BOOK IT! ® WITH ONE MILLION FREE PERSONAL PAN PIZZAS® TO READERS OF ALL AGES
PIZZA HUT CELEBRATES 40 YEARS OF BOOK IT! ® WITH ONE MILLION FREE PERSONAL PAN PIZZAS® TO READERS OF ALL AGES
PIZZA HUT CELEBRATES 40 YEARS OF BOOK IT! ® WITH ONE MILLION FREE PERSONAL PAN PIZZAS® TO READERS OF ALL AGES
HUT
prnewswire.com01 October 2024

For the First Time Ever, Pizza Hut Will Reward All Readers Across the Country with a Free Personal Pan Pizza (with $8 minimum purchase)* as Part of National Book Month Celebration PLANO, Texas , Oct. 1, 2024 /PRNewswire/ -- Pizza Hut, LLC is thrilled to mark the 40th anniversary of its beloved BOOK IT! ® program by giving away ONE MILLION FREE PERSONAL PAN PIZZAS during National Book Month this October.

Hut 8 GPU-as-a-Service Vertical Goes Live with Inaugural Deployment
Hut 8 GPU-as-a-Service Vertical Goes Live with Inaugural Deployment
Hut 8 GPU-as-a-Service Vertical Goes Live with Inaugural Deployment
HUT
globenewswire.com26 September 2024

Miami, FL, Sept. 26, 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 its GPU-as-a-service vertical has begun generating revenue as the inaugural GPU cluster for an AI cloud developer comes fully online.

Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
HUT
globenewswire.com19 September 2024

U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor

Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
HUT
globenewswire.com19 September 2024

U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor

FAQ

  • What is the primary business of Hut 8 Mining?
  • What is the ticker symbol for Hut 8 Mining?
  • Does Hut 8 Mining pay dividends?
  • What sector is Hut 8 Mining in?
  • What industry is Hut 8 Mining in?
  • What country is Hut 8 Mining based in?
  • When did Hut 8 Mining go public?
  • Is Hut 8 Mining in the S&P 500?
  • Is Hut 8 Mining in the NASDAQ 100?
  • Is Hut 8 Mining in the Dow Jones?
  • When was Hut 8 Mining's last earnings report?
  • When does Hut 8 Mining report earnings?
  • Should I buy Hut 8 Mining stock now?

What is the primary business of Hut 8 Mining?

Hut 8 Mining is a cryptocurrency mining company based in Canada. It focuses on mining Bitcoin and other digital currencies using advanced technology. The company aims to provide secure and efficient mining operations while contributing to the growth of the blockchain ecosystem.

What is the ticker symbol for Hut 8 Mining?

The ticker symbol for Hut 8 Mining is NASDAQ:HUT

Does Hut 8 Mining pay dividends?

No, Hut 8 Mining does not pay dividends

What sector is Hut 8 Mining in?

Hut 8 Mining is in the Financial Services sector

What industry is Hut 8 Mining in?

Hut 8 Mining is in the Capital Markets industry

What country is Hut 8 Mining based in?

Hut 8 Mining is headquartered in United States

When did Hut 8 Mining go public?

Hut 8 Mining's initial public offering (IPO) was on 08 March 2018

Is Hut 8 Mining in the S&P 500?

No, Hut 8 Mining is not included in the S&P 500 index

Is Hut 8 Mining in the NASDAQ 100?

No, Hut 8 Mining is not included in the NASDAQ 100 index

Is Hut 8 Mining in the Dow Jones?

No, Hut 8 Mining is not included in the Dow Jones index

When was Hut 8 Mining's last earnings report?

Hut 8 Mining's most recent earnings report was on 13 November 2024

When does Hut 8 Mining report earnings?

The next expected earnings date for Hut 8 Mining is 28 March 2025

Should I buy Hut 8 Mining stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions