Streetbeat News

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

19.91

Mkt cap

1.7B

Volume

6.4M

High

20.30

P/E Ratio

-22.99

52-wk high

31.95

Low

17.79

Div yield

N/A

52-wk low

6.77

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

Pizza Hut released its second annual Pizza Trends Report, highlighting America's pizza consumption and preferences. The report includes insights on pizza eating habits, flavor trends, and popular pairings like pizza and wings.

Portfolio Pulse from

January 09, 2025 | 12:15 pm

Hut 8 Corp. released its operations update for December 2024, highlighting upcoming miner shipments in January and infrastructure upgrades. The company is on track for a Q2 2025 energization of its 205 MW Vega project.

Portfolio Pulse from

January 07, 2025 | 10:45 pm

Hut 8 Corp. has increased its Bitcoin reserve to over $1 billion by purchasing $100 million worth of Bitcoin. This strategic move supports their innovative financing model for fleet upgrades.

Portfolio Pulse from

December 19, 2024 | 11:45 am

Hut 8 Corp. board member Amy Wilkinson has been recognized by the NACD in the 2024 Directorship 100 for her excellence in corporate governance.

Portfolio Pulse from

December 18, 2024 | 11:45 am

Hut 8 (HUT) has broken above its 20-day moving average, indicating a potential short-term bullish trend. This technical breakout suggests that HUT could be a favorable stock pick.

Portfolio Pulse from

December 12, 2024 | 3:45 pm

Wall Street analysts predict a 26.03% upside for Hut 8 (HUT) stock, with strong consensus on raising earnings estimates, indicating potential growth.

Portfolio Pulse from

December 11, 2024 | 4:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.