Hut 8

HUT

Market cap $8.32B

MIAMI, April 17, 2026 /PRNewswire/ -- 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 it will release financial results for the first quarter of 2026 before the market opens on May 6, 2026. The Company will host a conference call and webcast to review the results on the same day at 8:30 a.m.

Steven Orr, Founder & CEO, Quasar Markets breaks down the five stocks Wall Street is mispricing and explains how he's finding real opportunities across AI, biotech, crypto and consumer right now.

Hut 8 (HUT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Hut 8 is pivoting from Bitcoin mining to AI-focused HPC data centers, leveraging its cash-generating mining business to fund expansion. HUT's flagship River Bend campus, anchored by a $7B, 15-year lease with Anthropic and Fluidstack, offers substantial expansion potential via Tranche 2 and 3. Assuming full Tranche 2 leasing, HUT could generate $2.366B in annual recurring HPC revenue by 2029, implying a 2.1x PS multiple at current valuation.

Hut 8 Corp. is pivoting from volatile Bitcoin mining toward a scalable, contract-driven AI and energy infrastructure platform. FY25 revenue rose 45% to $235.1M, with Compute contributing $202M and gross margins expanding to 54%, yet net loss reached $248M due to crypto exposure. A $7B, 15-year AI lease with Fluidstack and an 8.5 GW pipeline signal a shift to utility-like, stable cash flows, but execution risk remains high.

MSTR stands out among Bitcoin stocks with aggressive BTC accumulation, a stronger earnings outlook and lower valuation risk versus HUT's AI-driven pivot.

Nvidia continues to generate high margins on sales of its data center GPUs. Nebius Group and Hut 8 are two data center builders that are signing deals with top AI companies.

Many businesses are benefiting from AI -- among them, Tower Semiconductor and Hut 8. Tower's analog components are finding strong demand amid AI's need for speed.

LAS VEGAS--(BUSINESS WIRE)--Realbotix Corp. (TSX-V: XBOT) (Frankfurt: 76M0.F) (OTC: XBOTF) (“Realbotix” or the “Company”), a leading human-centric AI and humanoid robot manufacturer, has appointed Sue Ennis as President of the business. She will lead the growth of Realbotix's Direct-to-Consumer (D2C) business, with a focus on building a premium platform powered by robotics, materials innovation, and AI-driven personalization. Sue joins the Company from Hut 8 Corp. (NASDAQ: HUT; TSX: HUT) where.

Sold 440,000 Hut 8 shares; transaction value is $19,395,200 based on quarterly average price. Quarter-end value of the position decreased by $11,309,600, reflecting both trading and stock price movement.