Hut 8 Corp. is a premier cryptocurrency and blockchain infrastructure provider based in Canada, recognized as one of North America’s largest publicly traded Bitcoin miners. The company is committed to sustainable energy practices, operating extensive data centers that cater to both institutional and retail clients. By leveraging cutting-edge technology and adapting to the dynamic market landscape, Hut 8 is well-equipped to satisfy the growing institutional demand for cryptocurrency solutions, positioning itself as a leader in the sector.
| Revenue (TTM) | $284.32M |
| Gross Profit (TTM) | $169.66M |
| EBITDA | $-417.12M |
| Operating Margin | -522.00% |
| Return on Equity | -27.40% |
| Return on Assets | -16.20% |
| Revenue/Share (TTM) | $2.65 |
| Book Value | $12.26 |
| Price-to-Book | 8.54 |
| Price-to-Sales (TTM) | 40.05 |
| EV/Revenue | 42.35 |
| EV/EBITDA | 11.94 |
| Quarterly Earnings Growth (YoY) | 6007.00% |
| Quarterly Revenue Growth (YoY) | 225.50% |
| Shares Outstanding | $112.59M |
| Float | $86.84M |
| % Insiders | 8.56% |
| % Institutions | 74.79% |
Volatility is currently expanding
Hut 8 (HUT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Leveraged ETFs posted huge gains last week despite a weak market, driven by rallies in crypto, AI infrastructure, defense and energy-related stocks.
Hut 8 Corp. is upgraded to buy as contracted AI infrastructure capacity reaches ~949 MW, with ~$1.75 billion expected annual NOI under long-term leases. Securing ~$7.5 billion in non-recourse, project-level debt significantly de-risks financing and shields the parent balance sheet from project-specific liabilities. HUT's valuation now reflects successful execution of current capacity; future rerating hinges on energization milestones and additional lease signings.
Hut 8 TodayHUTHut 8$108.98 +8.05 (+7.98%) As of 07/21/2026 04:00 PM Eastern52-Week Range$18.68▼$140.80Price Target$121.26Add to WatchlistWhen artificial intelligence (AI) models scale, they require an astonishing amount of electricity. Silicon Valley can design the fastest chips in the world, but without the physical power grid to turn them on, those chips are completely sidelined.
Asher Genoot, Hut 8 CEO, joins 'Power Lunch' to discuss the company's latest hyperscaler deal, the impact to lower power grids and much more.
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Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF) shares climbed nearly 12% on Monday after the company announced a second long-term lease agreement for its Beacon Point AI data center campus in Texas, fully commercializing the 1-gigawatt facility and increasing its contracted data center portfolio. The company announced a 15-year lease agreement covering 352 megawatts (MW) of IT capacity with the same high-investment-grade tenant that signed the first phase lease at the campus.
Shares of Hut 8 (NASDAQ:HUT) are surging in Monday morning trading, with the stock up 10% to $100.58 after the energy infrastructure operator announced a second hyperscale AI data center lease that fully commercializes its flagship Texas campus.
IREN stock was gaining alongside Hut 8 as both companies announced big cloud-computing deals.
Hut 8 , a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.
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