HUT
Hut 8
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
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
96% more call options, than puts
Call options by funds: $83.6M | Put options by funds: $42.8M
40% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 53
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
2% more funds holding
Funds holding: 201 [Q4 2024] → 205 (+4) [Q1 2025]
4.03% less ownership
Funds ownership: 54.49% [Q4 2024] → 50.46% (-4.03%) [Q1 2025]
42% less capital invested
Capital invested by funds: $1.05B [Q4 2024] → $608M (-$438M) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
1%
upside
Avg. target
$25
24%
upside
High target
$32
61%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Roth Capital Darren Aftahi | 26%upside $25 | Buy Initiated | 6 Jun 2025 |
JMP Securities Greg Miller | 26%upside $25 | Market Outperform Initiated | 22 May 2025 |
Canaccord Genuity Joseph Vafi | 61%upside $32 | Buy Maintained | 12 May 2025 |
Needham John Todaro | 6%upside $21 | Buy Reiterated | 9 May 2025 |
HC Wainwright & Co. Mike Colonnese | 26%upside $25 | Buy Reiterated | 9 May 2025 |
Financial journalist opinion
Based on 9 articles about HUT published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
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.
Positive
Schaeffers Research
2 weeks ago
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.
Neutral
GlobeNewsWire
2 weeks ago
Hut 8 Rebrands to Align External Positioning with Power-First, Platform-Driven Business Model
MIAMI, July 15, 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 a corporate rebrand that aligns the Company's external positioning with its strategic focus on energy and digital infrastructure through an integrated platform model focused on disciplined capital allocation, operational rigor, and relentless performance optimization. “Our new brand enables us to more clearly express what has always set Hut 8 apart: a power-first, innovation-driven approach to developing, commercializing, and operating next-generation digital infrastructure,” said Asher Genoot, CEO of Hut 8.
Positive
MarketBeat
2 weeks ago
Why Now Could Be the Smartest Time to Buy Crypto Stocks
With the U.S. dollar down a whopping 10.7% against peer currencies for the first half of 2023—the worst performance in more than 50 years—investors are seeking out alternative investments for either security or growth potential. Cryptocurrencies are not known for their stability, but many investors do see potential in their volatility.
Neutral
GlobeNewsWire
3 weeks ago
Hut 8 Schedules Second Quarter 2025 Earnings Release and Conference Call
MIAMI, July 07, 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 it will release financial results for the second quarter of 2025 before the market opens on August 7, 2025. The Company will host a conference call and webcast to review the results on the same day at 8:30 a.m.
Positive
Zacks Investment Research
3 weeks ago
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.
Neutral
GlobeNewsWire
4 weeks 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.
Positive
Green Stock News
4 weeks 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.
Neutral
GlobeNewsWire
1 month 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.
Positive
Zacks Investment Research
1 month 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.
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