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HUT

Hut 8 Mining Corp.

Industry

Financial - Capital Markets

Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.

Open

12.12

Mkt cap

1.3B

Volume

3.8M

High

12.71

P/E Ratio

3.71

52-wk high

31.95

Low

12.00

Div yield

N/A

52-wk low

6.95

Hut 8 reported a 69% revenue growth for 2024, but the positive net income was due to unrealized Bitcoin gains. Despite improved gross margins, the company still incurred losses.

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March 16, 2025 | 9:15 am

Pizza Hut introduces a new product, Pizza Charcuterie, just in time for Pi Day. This customizable pizza board aims to redefine traditional charcuterie boards, offering a unique and social media-friendly dining experience.

Portfolio Pulse from

March 11, 2025 | 11:15 am

Hut 8 Corp. has secured a 592-acre site for a new campus in Louisiana, is upgrading its ASIC fleet with new miners, and is on schedule for the Q2 energization of its Vega development.

Portfolio Pulse from

March 06, 2025 | 10:45 pm

Hut 8 Corp. (NASDAQ:HUT) held its Q4 2024 earnings conference call on March 3, 2025. The call included discussions from key company executives and various financial analysts.

Portfolio Pulse from

March 03, 2025 | 5:15 pm

Hut 8 reported its Q4 and full year 2024 results, highlighting a fortified balance sheet, optimized operations, and strategic growth initiatives. The company achieved a full year revenue of $162.4 million and a net income of $331.4 million. Energy costs decreased by 30% compared to the previous year.

Portfolio Pulse from

March 03, 2025 | 11:45 am

Hut 8 Corp. is expected to see positive impacts from cost optimizations, AI-driven GPU services, and data center expansion in its Q4 earnings, despite potential risks from Bitcoin volatility.

Portfolio Pulse from

February 27, 2025 | 5:45 pm

Hut 8 Corp., a major Bitcoin mining company, will release its full-year 2024 financial results on March 3, 2025, followed by a conference call and webcast.

Portfolio Pulse from

February 10, 2025 | 10:15 pm

Hut 8 Corp. is nearing completion of infrastructure upgrades in preparation for new miner deliveries, with the 205 MW Vega project on track for Q2 2025 energization.

Portfolio Pulse from

February 04, 2025 | 10:15 pm

Hut 8 Corp. has seen a 170% increase in its stock price over the past year, driven by its innovative AI solutions and growing Bitcoin reserves. However, investors should be cautious of market volatility and regulatory risks that could impact the stock in 2025.

Portfolio Pulse from

January 30, 2025 | 7:00 pm

Brett Knoblauch from Cantor Fitzgerald discusses the potential bullish opportunity for crypto miners due to the energy demands of AI in the Stargate deal.

Portfolio Pulse from

January 22, 2025 | 9:30 pm

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