HUT

Hut 8

HUT

Market cap $3.42B

Overview Fund Activity

32.44 USD

+0.48

1.5%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

32.40

-0.04

0.12%

1 day

1.5%

5 days

27.27%

1 month

50.32%

3 months

76.69%

6 months

167%

Year to date

48.2%

1 year

197.89%

5 years

51.24%

10 years

51.24%

About: Hut 8 Corp is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.

Employees: 222

Financials Capital Markets

0

Funds holding %

of 7,462 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

113% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 40

100% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]

69% more capital invested

Capital invested by funds: $608M [Q1] → $1.03B (+$421M) [Q2]

50% more call options, than puts

Call options by funds: $191M | Put options by funds: $128M

2.65% more ownership

Funds ownership: 50.46% [Q1] → 53.12% (+2.65%) [Q2]

3% less funds holding

Funds holding: 204 [Q1] → 198 (-6) [Q2]

11% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 45

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$23

-29% downside

Avg. target

$31

-6% downside

High target

$36

11% upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

BTIG Gregory Lewis	$33	Buy Maintained	9 Sep 2025
Canaccord Genuity Joseph Vafi	$36	Buy Maintained	20 Aug 2025
Maxim Group Matthew Galinko	$30	Buy Maintained	11 Aug 2025
Rosenblatt Chris Brendler	$23	Buy Maintained	11 Aug 2025

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about HUT published over the past 30 days

Hut 8 Stock: Trading Below Its Assets And Set For A Market Reset

Hut 8 has evolved into a diversified energy and digital infrastructure platform, boasting a 10,800 MW capacity pipeline and strong Bitcoin reserves. Q2 earnings showed a significant turnaround to a $137.5 million net income, primarily from fair value gains on its Bitcoin holdings. HUT maintains a large reserve of over 10,000 BTC. Despite the recent rally, HUT's market cap of ~$3.3 billion trades at a discount to the implied equity value of its 80% stake in American Bitcoin, suggesting a potential undervaluation.

Hut 8 Stock: Trading Below Its Assets And Set For A Market Reset

Hut 8 Announces Voting Results for Election of Directors

MIAMI, Sept. 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 announced the results of the vote conducted at its 2025 Annual Meeting of Stockholders (the "Meeting").

Hut 8 Announces Voting Results for Election of Directors

Bloomberg Markets and Finance

Eric Trump, Hut 8 CEO on American Bitcoin Debut, Strategy

Eric Trump, co-founder of American Bitcoin and the son of US President Donald Trump, and Hut 8 CEO Asher Genoot discuss American Bitcoin's business strategy on "Bloomberg The Close." Eric Trump's stake in American Bitcoin is now worth about $548 million, according to Bloomberg calculations, with Trump owning about 7.5% of the company.

Eric Trump, Hut 8 CEO on American Bitcoin Debut, Strategy

Hut 8 Announces Plans to Develop Four New Sites with More Than 1.5 GW of Total Capacity

With ~90% of its 1,020 MW platform contracted as of June 30, 2025, Hut 8 advances an additional 1,530 MW from exclusivity into development New sites diversify Hut 8's geographic footprint across the U.S. and position the Company to meet growing demand from prospective customers across energy-intensive use cases MIAMI, Aug. 26, 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, today announced plans to develop four new sites across the United States. The expansion positions the Company to meet growing demand from energy-intensive use cases while scaling and diversifying its platform across strategic energy markets.

Hut 8 Announces Plans to Develop Four New Sites with More Than 1.5 GW of Total Capacity

Q2 Earnings: BTC Gains Trump Rising Costs For Hut 8

Hut 8 Corp.'s recent outperformance versus Bitcoin is notable, but operational profitability remains heavily dependent on unrealized gains from BTC holdings. The Compute segment showed strong revenue and margin growth, but other segments struggled and overall profitability is masked by accounting for Bitcoin revaluation. Ballooning SG&A and depreciation expenses are concerning, especially if the AI/data center buildout fails to deliver expected growth.

Q2 Earnings: BTC Gains Trump Rising Costs For Hut 8

Hut 8 Corp. (HUT) Q2 2025 Earnings Call Transcript

Hut 8 Corp. (NASDAQ:HUT ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Asher Kevin Genoot - Co-Founder, CEO & Director Sean Glennan - Chief Financial Officer Suzanne Ennis - Head of Investor Relations Conference Call Participants Chris Brendler - Unidentified Company Darren Paul Aftahi - ROTH Capital Partners, LLC, Research Division Gregory Robert Lewis - BTIG, LLC, Research Division Michael Anthony Colonnese - H.C. Wainwright & Co, LLC, Research Division Patrick Malcolm Moley - Piper Sandler & Co., Research Division Stephen William Glagola - JonesTrading Institutional Services, LLC, Research Division Operator Good day, ladies and gentlemen, and thank you for standing by.

Hut 8 Corp. (HUT) Q2 2025 Earnings Call Transcript

The Motley Fool

Hut 8 (HUT) Q2 Net Income Jumps to 137M

Hut 8 (HUT) Q2 Net Income Jumps to 137M

Hut 8 (HUT) Q2 Net Income Jumps to 137M

Hut 8 Reports Second Quarter 2025 Results

Earnings Release Highlights Revenue of $41.3 million, net income of $137.5 million, and Adjusted EBITDA of $221.2 million. Total energy capacity under management of 1,020 megawatts (“MW”) as of June 30, 2025.

Hut 8 Reports Second Quarter 2025 Results

Hut 8 Advances Capital Strategy with DIFC License

MIAMI, July 22, 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, Hut 8 Investment Ltd, has secured a Commercial License in the Dubai International Financial Centre (“DIFC”). The license authorizes proprietary investments and certain non-financial commercial activity under the DIFC's legal and regulatory framework, which is based on international standards and principles of common law.

Hut 8 Advances Capital Strategy with DIFC License

Schaeffers Research

135 Public Companies That Hold Bitcoin — And Why It Matters

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

135 Public Companies That Hold Bitcoin — And Why It Matters

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