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Hut 8 Corp. Common Stock (HUT)




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Upturn Advisory Summary
09/12/2025: HUT (5-star) is a STRONG-BUY. BUY since 21 days. Simulated Profits (36.30%). Updated daily EoD!
1 Year Target Price $30.6
1 Year Target Price $30.6
9 | Strong Buy |
6 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 125.16% | Avg. Invested days 34 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.42B USD | Price to earnings Ratio 22.69 | 1Y Target Price 30.6 |
Price to earnings Ratio 22.69 | 1Y Target Price 30.6 | ||
Volume (30-day avg) 15 | Beta 3.45 | 52 Weeks Range 10.04 - 32.83 | Updated Date 09/13/2025 |
52 Weeks Range 10.04 - 32.83 | Updated Date 09/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.43 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 112.81% | Operating Margin (TTM) 463.08% |
Management Effectiveness
Return on Assets (TTM) 13.32% | Return on Equity (TTM) 14.95% |
Valuation
Trailing PE 22.69 | Forward PE 107.53 | Enterprise Value 3569069984 | Price to Sales(TTM) 24.71 |
Enterprise Value 3569069984 | Price to Sales(TTM) 24.71 | ||
Enterprise Value to Revenue 6.48 | Enterprise Value to EBITDA 9.73 | Shares Outstanding 105528000 | Shares Floating 85487119 |
Shares Outstanding 105528000 | Shares Floating 85487119 | ||
Percent Insiders 52.29 | Percent Institutions 67.38 |
Upturn AI SWOT
Hut 8 Corp. Common Stock
Company Overview
History and Background
Hut 8 Corp. was founded in 2011. It is one of North America's largest digital asset miners, focusing on innovation and driving value for shareholders. Initially, they were primarily a Bitcoin mining company, but have diversified into High Performance Computing.
Core Business Areas
- Bitcoin Mining: Hut 8 engages in Bitcoin mining, securing the network and earning block rewards.
- High Performance Computing: Provision of HPC services to AI and Machine Learning companies.
- Hosting: Providing hosting and co-location services.
Leadership and Structure
Asher Genoot is the CEO. The company is structured with departments for mining operations, technology, finance, and strategy. They are publicly traded on Nasdaq and TSX.
Top Products and Market Share
Key Offerings
- Self-Mined Bitcoin: Bitcoin mined directly by Hut 8. Revenue depends on Bitcoin price and hash rate. Competitors: Marathon Digital (MARA), Riot Platforms (RIOT).
- High Performance Computing: Provides computational power for AI/ML training. Market share is growing but currently limited. Competitors: CoreWeave, Crusoe Energy.
Market Dynamics
Industry Overview
The cryptocurrency mining industry is highly competitive, volatile, and subject to regulatory changes. The HPC industry is rapidly expanding with large tailwinds from the rise of AI.
Positioning
Hut 8 aims to be a leader in both Bitcoin mining and HPC, with a focus on efficient operations and strategic growth.
Total Addressable Market (TAM)
TAM for Bitcoin Mining is dependent on the Bitcoin price and overall network hashrate. The TAM for HPC is estimated at $50B+ and growing. Hut 8's positioning is still nascent but rapidly evolving in HPC.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified revenue streams (mining and HPC)
- Strong balance sheet (relative to peers)
- Significant Bitcoin holdings
Weaknesses
- Reliance on Bitcoin price
- High energy consumption
- Susceptible to regulatory changes
- New entrant into a competitive HPC market
Opportunities
- Expansion into new mining locations
- Increased adoption of Bitcoin
- Growth in the HPC market
- Strategic acquisitions
Threats
- Bitcoin price volatility
- Increased mining difficulty
- Regulatory restrictions on cryptocurrency
- Competition from larger mining firms
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
Competitive Landscape
Hut 8 faces strong competition from larger, more established mining firms. Their HPC strategy provides some differentiation, but faces new competitive pressures. Market shares are estimates due to the dynamic nature of the industry.
Major Acquisitions
US Bitcoin Corp
- Year: 2023
- Acquisition Price (USD millions):
- Strategic Rationale: Merger-of-equals transaction to combine mining operations and de-risk reliance on a single entity.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been tied to Bitcoin price and mining capacity.
Future Projections: Analyst projections vary depending on Bitcoin price and HPC market growth.
Recent Initiatives: Expansion of HPC capabilities, acquisitions of new data centers, efficiency improvements in mining operations.
Summary
Hut 8 is a multifaceted company operating in both Bitcoin mining and HPC, diversifying its revenue streams. Its reliance on Bitcoin's price remains a critical risk, offset by expanding into HPC. The company needs to be mindful of regulatory landscapes and rising competition while leveraging its strategic acquisitions to achieve sustainable growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market shares are estimates and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hut 8 Corp. Common Stock
Exchange NASDAQ | Headquaters Miami, FL, United States | ||
IPO Launch date 2018-03-08 | Co-Founder, CEO & Director Mr. Asher Kevin Genoot | ||
Sector Financial Services | Industry Capital Markets | Full time employees 222 | Website https://hut8.com |
Full time employees 222 | Website https://hut8.com |
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. It also 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, as well as engages in the Bitcoin mining business. In addition, the company provides colocation and data center cloud services; hosting services, which include the provision of mining equipment, as well as monitors, troubleshoots, repairs, and maintains related equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

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