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Upturn AI SWOT - About
Hut 8 Corp. Common Stock (HUT)
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Upturn Advisory Summary
07/10/2025: HUT (5-star) is a STRONG-BUY. BUY since 10 days. Profits (18.15%). Updated daily EoD!
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
15 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $25.38
1 Year Target Price $25.38
| 9 | Strong Buy |
| 6 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 84.32% | Avg. Invested days 34 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/10/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.54B USD | Price to earnings Ratio - | 1Y Target Price 25.38 |
Price to earnings Ratio - | 1Y Target Price 25.38 | ||
Volume (30-day avg) 15 | Beta 3.45 | 52 Weeks Range 8.73 - 31.95 | Updated Date 07/11/2025 |
52 Weeks Range 8.73 - 31.95 | Updated Date 07/11/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.66 |
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 -39.92% | Operating Margin (TTM) -658.7% |
Management Effectiveness
Return on Assets (TTM) 2.7% | Return on Equity (TTM) -6.27% |
Valuation
Trailing PE - | Forward PE 27.7 | Enterprise Value 2463240186 | Price to Sales(TTM) 19.2 |
Enterprise Value 2463240186 | Price to Sales(TTM) 19.2 | ||
Enterprise Value to Revenue 9.67 | Enterprise Value to EBITDA 20.74 | Shares Outstanding 115223000 | Shares Floating 83998261 |
Shares Outstanding 115223000 | Shares Floating 83998261 | ||
Percent Insiders 52.94 | Percent Institutions 63.07 |
Upturn AI SWOT
Hut 8 Corp. Common Stock
Company Overview
History and Background
Hut 8 Corp. was founded in 2011 and is a digital asset miner focused on Bitcoin mining. It initially operated primarily in Canada but has since expanded into the US through strategic acquisitions. It has grown through strategic partnerships and technology upgrades to increase its mining capacity and efficiency.
Core Business Areas
- Bitcoin Mining: Hut 8 is primarily engaged in Bitcoin mining, utilizing specialized hardware to solve complex mathematical problems and earn Bitcoin rewards.
- High Performance Computing: Hut 8 has HPC operations and serves clients in various industries like visual effects, AI, and scientific research. This is a recent development through acquisitions, and aims to diversify revenue streams.
Leadership and Structure
Asher Genoot is the CEO. Hut 8 operates with a traditional corporate structure, with a board of directors overseeing management and strategic direction.
Top Products and Market Share
Key Offerings
- Self-Mined Bitcoin: Hut 8 generates revenue by mining Bitcoin. Market share in Bitcoin mining is highly fragmented and fluctuates based on hashrate and mining difficulty. Revenue varies significantly with Bitcoin price. Competitors include Marathon Digital (MARA), Riot Platforms (RIOT), and Core Scientific.
- High Performance Computing (HPC): Hut 8 offers high-performance computing services, including cloud computing and data storage to various enterprise clients, a new market for them that they hope to grow. Competitors in this market include Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
Market Dynamics
Industry Overview
The Bitcoin mining industry is characterized by intense competition, fluctuating cryptocurrency prices, increasing mining difficulty, and evolving regulatory landscapes. HPC is competitive, but rapidly growing due to AI demands.
Positioning
Hut 8 aims to be a major player in Bitcoin mining and HPC. Its strategies include increasing its mining capacity, improving operational efficiency, and diversifying its revenue streams through strategic acquisitions. It is positioned to capitalize on increasing Bitcoin adoption.
Total Addressable Market (TAM)
The global Bitcoin mining market is projected to reach billions of dollars, and the high-performance computing market is significantly larger, addressing billions of dollars. Hut 8 is positioned to capture a portion of both markets, with its focus on efficient mining and strategic expansion.
Upturn SWOT Analysis
Strengths
- Large Bitcoin holdings
- Experienced management team
- Focus on operational efficiency
- Diversification into HPC
- Strategic acquisitions
Weaknesses
- High dependence on Bitcoin price
- High energy consumption
- Susceptibility to regulatory changes
- HPC segment is relatively new and unproven.
Opportunities
- Further Bitcoin price appreciation
- Expansion into new geographic markets
- Technological advancements in mining equipment
- Growth in the HPC market
- Increased institutional adoption of Bitcoin
Threats
- Bitcoin price volatility
- Increasing mining difficulty
- Regulatory restrictions on Bitcoin mining
- Competition from other miners
- Energy price fluctuations
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- CORZ
Competitive Landscape
Hut 8 competes primarily on mining efficiency, hashrate, and electricity costs. Its HPC segment provides a differentiating factor.
Major Acquisitions
US Bitcoin Corp
- Year: 2023
- Acquisition Price (USD millions): 777
- Strategic Rationale: Merger aimed at increasing geographical diversification and operational scale for Hut 8.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been rapid, driven by increasing mining capacity and Bitcoin price appreciation. Growth rate fluctuates significantly.
Future Projections: Future growth is projected to be driven by continued expansion of mining capacity, diversification into HPC, and potential further Bitcoin price appreciation. Analyst estimates vary widely.
Recent Initiatives: Recent initiatives include acquisitions of HPC businesses, upgrading mining equipment, and expanding geographic operations.
Summary
Hut 8 is a cryptocurrency mining company that is trying to diversify its operations into high performance computing to move away from the price volatility of the market. Its strengths include its bitcoin holdings and experienced management team. However, its success is tied to Bitcoin's price, regulatory changes, and increasing mining difficulty. Recent acquisitions are aimed at reducing dependence on Bitcoin and expanding into new markets, but integration and success is yet to be fully determined.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Analyst Estimates
- Company Website
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial professional.
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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