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Home CompaniesHut 8 Mining Corp

Hut 8 Mining Corp

Financial Services Capital Markets
PortfolioPortfolio WatchlistWatchlist
Company price
88.32 CAD 11.39 ( 14.81%)
Last update at 2026-11-03T20:29:00Z
VOLUME
807119
Market Cap
11607.68M

Momentum Score

…

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
77.18
Low
90.40
High
52 Week Price Range
16.44
Low
112.20
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Hut 8 Mining Corp operates large-scale Bitcoin mining facilities and related digital infrastructure in North America. Long-term growth drivers include scaling owned hash rate, improving miner efficiency and access to low-cost power, and the potential upside from rising Bitcoin prices; investors may find the company attractive for its scale and operational experience in a consolidating sector.
Key risks include substantial Bitcoin price volatility, regulatory and environmental scrutiny of crypto mining, reliance on affordable and reliable power and hardware supply, and operational execution risk, so investors should monitor these developments closely.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
76.93
Dividend Yield
-
Revenue TTM
235.12M
Revenue Per Share
2.23
Gross Profit TTM
127.34M
Debt / Equity
0.31
ROE
-18.58%
Net Debt
397.60M
ROCE
-3.36%
Diluted EPS TTM
-2.93

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Income before tax -305.08M 451.91M 7.81M -233.22M -233.22M
Minority interest 21.85M 0.47M - - -
Net income -230.11M 331.88M 16.45M -242.81M -242.81M
Selling general administrative 122.81M 72.92M 93.15M 42.16M 42.16M
Selling and marketing expenses - - 58.72M - -
Gross profit 25.89M 585.07M 21.17M -24.97M -24.97M
Reconciled depreciation 104.51M 49.41M - 19.07M 19.07M
Ebit -88.69M 481.70M -13.26M -90.96M -90.96M
Ebitda 17.65M 531.11M 1.36M 3.57M 3.57M
Depreciation and amortization 106.34M 49.41M 14.61M 94.53M 94.53M
Operating income -88.69M 460.54M -13.26M -90.96M -90.96M
Other operating expenses 327.92M 211.18M 95.06M 226.12M 226.12M
Interest expense 30.60M 29.79M - 7.59M 7.59M
Tax provision -51.84M 113.46M - -1.20M -1.20M
Net interest income -30.07M -29.79M - -27.93M -27.93M
Income tax expense -52.74M 113.46M -0.57M 9.59M 9.59M
Total revenue 239.23M 671.72M 81.80M 150.68M 150.68M
Total operating expenses 114.58M 91.81M 34.43M 50.47M 50.47M
Cost of revenue 213.35M 86.66M 60.63M 175.65M 175.65M
Total other income expense net -216.39M -8.63M 21.07M -142.26M -142.26M
Net income from continuing ops -248.00M 338.45M - -65.61M -65.61M
Net income applicable to common shares - - - -242.81M -242.81M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Total assets 3015.09M 1518.86M 976.87M 412.94M 412.94M
Intangible assets 1310.29M 13.27M 22.89M 3.59M 3.59M
Other current assets 329.17M 163.74M 29.49M 203.63M 203.63M
Total liab 1328.70M 538.28M 333.87M 55.55M 55.55M
Total stockholder equity 1419.34M 976.67M 643.00M 357.39M 357.39M
Other current liab 155.27M 53.48M 37.97M 7.96M 6.93M
Common stock 1.10M 0.99M 1.17M 767.64M 767.64M
Capital stock 1.10M 0.99M - 98.50M 98.50M
Retained earnings 5.47M 231.63M -132.19M -431.07M -431.07M
Other liab - - - 0.21M 0.21M
Good will 209.70M 53.08M 75.94M 11.54M 11.54M
Other assets - - - 27.22M 27.22M
Cash 47.20M 85.04M 40.82M 30.52M 30.52M
Total current liabilities 374.90M 153.96M 148.42M 30.13M 30.13M
Current deferred revenue 1.46M 6.20M 3.56M - 1.03M
Net debt 397.60M 260.61M 227.93M 16.90M 16.90M
Short term debt 202.45M 72.44M 87.16M 16.22M 16.22M
Short long term debt 199.93M 64.97M - 1.30M 1.30M
Short long term debt total 444.80M 345.65M 268.75M 47.42M 47.42M
Other stockholder equity 1423.18M 789.60M 759.83M 20.82M -79.80M
Property plant equipment - - - 124.96M 124.96M
Total current assets 407.44M 256.84M 81.25M 245.62M 245.62M
Long term investments 51.54M 88.39M - 93.58M 93.58M
Net tangible assets - - - 336.25M 336.25M
Short term investments - 132.87M 6.54M 0.85M 203.63M
Net receivables 31.07M 8.06M 4.40M 1.59M 1.59M
Long term debt 210.24M 235.62M - 149.89M 149.89M
Inventory - - 0.00M 9.89M 9.89M
Accounts payable 15.73M 11.29M 19.73M 5.96M 5.96M
Accumulated other comprehensive income -10.41M -45.55M 14.19M - 2.12M
Non currrent assets other 8.30M 865.00M 512.57M 27.22M 27.22M
Non current assets total 2607.65M 1262.02M 895.62M 167.31M 167.31M
Capital lease obligations 19.17M 45.06M - 1.34M 1.34M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Investments -162.69M -188.47M - 25.25M 25.25M
Change to liabilities - - - 4.59M 4.59M
Total cashflows from investing activities -767.41M -188.47M - -103.61M -103.61M
Net borrowings 85.45M - - -20.95M -20.95M
Total cash from financing activities 871.11M 311.95M -33.45M 99.83M 99.83M
Change to operating activities - - - -2.67M -2.67M
Net income -229.38M 331.41M 8.38M -242.81M -242.81M
Change in cash -42.48M -30.96M 10.30M -109.61M -109.61M
Begin period cash flow 89.69M 30.96M 30.52M 140.13M 140.13M
End period cash flow 47.20M - 40.82M 30.52M 30.52M
Total cash from operating activities -141.66M -68.53M -26.48M -105.03M -105.03M
Issuance of capital stock 757.70M 162.53M - 0.00M 0.00M
Depreciation 106.34M 49.41M 14.61M 94.53M 94.53M
Other cashflows from investing activities -113.95M -21.67M - -0.73M -0.73M
Change to inventory - - - - -4.59M
Change to account receivables -26.09M -1.79M -0.87M 0.09M 0.09M
Other cashflows from financing activities 13.24M 21.33M -58.57M -4.08M -4.08M
Change to netincome - - - -72.63M -72.63M
Capital expenditures 220.73M 264.60M 0.82M 72.70M 72.70M
Change in working capital -51.73M -19.73M 8.86M 2.00M 2.00M
Stock based compensation 57.80M 20.78M 32.37M 6.91M 6.91M
Other non cash items 88.71M -567.49M -32.41M 24.74M 24.74M
Free cash flow -362.39M -333.13M -27.30M -177.74M -177.74M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
HUT
Hut 8 Mining Corp		 11.39
14.81%		 88.32 - 84.75 49.37 6.10 606.29 11.94
MS
Morgan Stanley CDR (CAD Hedged)		 0.10
0.27%		 37.33 16.96 16.10 4.32 2.90 5.92 -
SCHW
Charles Schwab CDR (CAD Hedged)		 0.11
0.42%		 26.24 18.08 15.50 6.58 3.22 6.95 -
CF
Canaccord Genuity Group Inc		 0.14
1.00%		 14.09 - 10.94 0.65 2.63 0.28 4.93
CF-PC
Canaccord Genuity Group Inc Pref C		 -0.08
0.32%		 25.10 8.10 - 0.42 - - -

Profile*

Hut 8 Mining Corp

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

1101 Brickell Avenue, Miami, FL, United States, 33131

305 224 6427

https://www.hut8.com

248

Name Title Year Born
Mr. Asher Kevin Genoot Co-Founder, CEO, President & Director 1996
Mr. Michael Ho Co-Founder, Chief Strategy Officer & Director 1994
Mr. Sean Glennan Chief Financial Officer NA
Mr. James Beer Senior Vice President of Operations NA
Ms. Suzanne Ennis Head of Investor Relations NA
Mr. Victor Semah Chief Legal Officer 1983
Mr. Asher Kevin Genoot Co-Founder, CEO & Director 1996
Mr. Sean Glennan Chief Financial Officer 1983
Mr. Victor Semah J.D. Chief Legal Officer & Corporate Secretary 1983
Mr. Michael Ho Co-Founder, Chief Strategy Officer & Director 1993

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

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