The AI pivot is the story: 949 MW of contracted capacity worth roughly $26.6 billion in base-term value, with $7.5 billion of investment-grade project financing closed in one quarter. The double miss is mostly mark-to-market, driven by largely unrealized digital asset losses, while adjusted EBITDA rose to $10.45 million. First data halls at River Bend are targeted for Q2 2027.
Hut 8 :
HUT
HUT
Stock Data
$88.85
$1.80 (1.99%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
CAPITAL MARKETS
Hut 8 Corp is a Canadian company specializing in digital asset mining, notably Bitcoin, and offering high-performance computing infrastructure solutions. Founded in 2017 and based in Miami, Florida, Hut 8 not only mines cryptocurrencies but also provides cloud, colocation, and computing services to enterprise clients, leveraging its extensive computing infrastructure sites across Canada.
Latest Activity
Q4 2024
EPS
-$1.27
est -$0.47-171.7%
Revenue
$75M
est $80M-6.3%
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