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Hut 8 Corporation

Hut 8 Corporation (HUT)

9.16
0.24
(2.69%)
Closed May 17 4:00PM
9.24
0.08
( 0.87% )
Pre Market: 9:02AM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
9.24
Bid
9.16
Ask
9.24
Volume
28,315
0.00 Day's Range 0.00
6.18 52 Week Range 22.75
Market Cap
Previous Close
9.16
Open
-
Last Trade
15
@
9.2397
Last Trade Time
09:04:41
Financial Volume
-
VWAP
-
Average Volume (3m)
3,647,052
Shares Outstanding
88,550,105
Dividend Yield
-
PE Ratio
177.75
Earnings Per Share (EPS)
0.07
Revenue
93.23M
Net Profit
6.21M

About Hut 8 Corporation

Hut 8 Mining Corp is North America's innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on i... Hut 8 Mining Corp is North America's innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin's market direction. Show more

Sector
Unit Inv Tr, Closed-end Mgmt
Industry
Computer Programming Service
Website
Headquarters
Miami, Florida, USA
Founded
2011
Hut 8 Corporation is listed in the Unit Inv Tr, Closed-end Mgmt sector of the NASDAQ with ticker HUT. The last closing price for Hut 8 was $9.16. Over the last year, Hut 8 shares have traded in a share price range of $ 6.18 to $ 22.75.

Hut 8 currently has 88,550,105 shares outstanding. The market capitalization of Hut 8 is $1.10 billion. Hut 8 has a price to earnings ratio (PE ratio) of 177.75.

HUT Latest News

Strong Institutional BTC ETF Adoption, CME Group Ventures into Bitcoin Spot Trading, and More Crypto News

Bitcoin reacts to interest rate cut expectations In the last 24 hours, Bitcoin (COIN:BTCUSD) is trading at $65,850, after reaching a high of $66,772 during the day. The cryptocurrency appreciated...

U.S. Index Futures Flat Ahead of April CPI Data Release, Oil Prices Drop

U.S. index futures are virtually flat in pre-market trading this Wednesday, with Wall Street awaiting April’s consumer price index data. At 7:18 AM, Dow Jones futures (DOWI:DJI) were up 3...

Hut 8 Reports First Quarter 2024 Results

Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million 9,102 self-mined Bitcoin on balance sheet as of March 31, 2024 MIAMI...

Hut 8 Operations Update for April 2024

26.6 EH/s and 1.2 GW under management Salt Creek site fully energized and Cedarvale site partially energized MIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX:Β HUT) (β€œHut 8” or...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.0813.23529411768.169.557.6730484998.55845616CS
40.9311.19133574018.319.83877.6725469648.58424773CS
121.4518.61360718877.7912.1556.7736470528.74294031CS
26-0.61-6.192893401029.8518.426.18597813610.0472923CS
52-0.21-2.222222222229.4522.756.18822843512.20957585CS
156-12.76-582282.853.9890592819.74852081CS
260-12.76-582282.853.9890592819.74852081CS

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HUT Discussion

View Posts
Lokotony Lokotony 4 weeks ago
Well, like most of my market choices, it always does the opposite of what I do. I sell for a loss today and it runs 50% tomorrow.....inevitable.
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I-Glow I-Glow 1 month ago
I am curious why would you keep holding and watch your investment disappear by 37%.

Why didn't you cut your losses?

IG
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I-Glow I-Glow 1 month ago
If the information isn't accurate - then HUT file a defamation lawsuit against J Capital.

HUT probably doesn't want any part of Discovery. If HUT remains silent that is a bad sign.

IG
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Smallblock Smallblock 3 months ago
I think bitcoin will move it up
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Lokotony Lokotony 3 months ago
Not sure whether to drop this if it ever hits my average!!!
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Lokotony Lokotony 3 months ago
Bought this at $12, why would I not sell, IF it gets back there? TIA
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77Port 77Port 3 months ago
Any insight to this abrupt decision?

MIAMI, February 7, 2024Β (GLOBE NEWSWIRE) – Hut 8 Corp. (Nasdaq | TSX: HUT), (β€œHut 8” or the β€œCompany”) today announced that Asher Genoot, President and a member of the Hut 8 Board of Directors, has been appointed Chief Executive Officer, effective immediately. Mr. Genoot succeeds Jaime Leverton, who departs from Hut 8 as Chief Executive Officer, effective immediately.

The Hut 8 Board of Directors (the β€œBoard”) has determined, following the completion of the Company’s merger of equals, the time was right to set a new strategic direction for the Company and that a transition of leadership was appropriate.

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Lokotony Lokotony 3 months ago
What does it mean that they concluded services with MARA?
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Dubster watching Dubster watching 4 months ago
Broken record,
Every post on every board is negative and insulting to actual traders.
We all know you are just a kid that lives in a sad place.
Stop insulting people and post trading information.

You started insulting a trader on *BOIL and I called you out, and asked you to be respectful. You cant.
Is this really what you want others to see from you? The name calling alone is distasteful and ridiculous.
Grow up!
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77Port 77Port 4 months ago
Yes, as is happening with other miners, the game is on. While I'm not really an opera fan, this is opera at it's best, full drama showing the worst humans behaving badly to get what they want.

The powers that be want the best stocks at the cheapest price and are willing to slice a few throats to get what they want.

The only problem with this awful model called capitalism is that communism, and its lesser cousin, socialism, simply finds other ways of using power to slit throats.

Either way throats get slit. But with capitalism we, supposedly, get washing machines and other luxurious gadgets which have a better chance of working.
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Lokotony Lokotony 4 months ago
Yep, probably true, but no matter the outcome, it doesn't help us poor retailers that lost 50% in a week.
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77Port 77Port 4 months ago
Today's statement by HUT seems as libelous as was the short report a few days ago. If true, and if HUT can prove it in court, perhaps they can sue for damages. No doubt, that's an uphill battle.

But if, as alleged, this was lying for the short company's own benefit then, perhaps, it's illegal like insider trading.

From statement:
HUT8 "... believes that the report is filled with inaccuracies, misrepresented data, speculative claims, and unfounded character attacks. The report appears to represent a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives. .... The Company believes that the report was designed for the sole purpose of negatively impacting Hut 8’s share price for the short seller's own benefit, at the expense of Hut 8’s shareholders, partners, and employees."

That's a strong statement.
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TheFinalCD TheFinalCD 4 months ago
i agree on the asking for donations, and subscriptions... but

iVE SEEN HIM MAKE $1M ON PLTR AND SOFI

HE POSTED SCREENSHOTS ALL THE WAY THROUGH THE TRADES

SO DOESNT MATTER HIS AGE


here are some more

I WATCH AND LEARN FROM ANY THAT MAKE COMMON CENTS

OTHERS SHOULD TOO

https://www.youtube.com/@CryptoCrewUniversity


https://www.youtube.com/@TheArtOfCrypto
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Mikey Mikey 4 months ago
This guy on TwitterX is off the mark AND the guy he referred to on youtube is taking an asswhipping as we speak, he is just a kid.........and the Twitter guy is accepting tips, but claims to be a multimillionaire guru..........come on, now.........HUT may bounce, soon!........lets watch it closely!
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Tiger Money Tiger Money 4 months ago
That is why is simply own bitcoin and have been blessed by it
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TheFinalCD TheFinalCD 4 months ago
this guy I follow was pretty heavily invested in CRYPTO miners

he SOLD all his $HUT yesterday
MARA he SOLD everything today
both for same reasons

as spelled out in his Tweet

I've exited all of my $MARA position!

Do NOT get me wrong, they look GREAT from a Bitcoin production standpoint and glancing at financials.

But I DO NOT LIKE the fact that there are a bunch of filings that do NOT exist.

Also, they're doing a lot of business with Applied…— Micro2Macr0 (@Micro2Macr0) January 19, 2024
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Smallblock Smallblock 4 months ago
Vid on utube from BusinessDad
Mentioned vp made comments on X as well.

Consider the source.
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Mikey Mikey 4 months ago
Tiger, I was very surprised to see this on HUT.........i'm sure some of those chinese companies are fraudulent,but wasnt thinking HUT was
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Smallblock Smallblock 4 months ago
...


Trying again. Didn't work.
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Smallblock Smallblock 4 months ago
👍️ 1 😀 1
TheFinalCD TheFinalCD 4 months ago
I disagree


that FRAUD report is extensive

I am betting on it
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Tiger Money Tiger Money 4 months ago
I guess the weak shady crypto cos still exist
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Mikey Mikey 4 months ago
damn shame too, on paper they looked great, had a low float and everything heading in the right direction fundamentally, and to find out a bunch of it was a lie.......terrible news for HUT
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Tiger Money Tiger Money 4 months ago
You nailed it
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Mikey Mikey 4 months ago
this reminds me of some pinksheet promoters who just got lucky, initially on this one and now have to pay the piper.......
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77Port 77Port 4 months ago
J capital research is a real shorting company. They're not a joke. But sometimes the short scare turns out to be a known thing and today's release shows up as old news making it a fear event and buying opportunity.

Hard for me to accept HUTs' DD was so weak to have not known everything about this company.

As of now,, I trust HUT more than this report.

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77Port 77Port 4 months ago
Where's info regarding if Hut knew this and saw an opportunity?

Hard to imagine HUT was taken advantage of here. They're too smart for that. And if they were lied to during process and sale, then the lawsuits will begin and HUT ends up with all of it.

Perhaps in a day or two, HUT looks like they knew this all along.
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Brokemillwright Brokemillwright 4 months ago
How's your prediction working out Mikey? Remember, nobody has EVER taken a Mikey seriously. Can we see some screen shots of going all in on miners?
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Tiger Money Tiger Money 4 months ago
That is not a great report or information at all!
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Mikey Mikey 4 months ago
LOL..........YIKES.......great find........THANK GOD, I dont have any HUT any longer
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TheFinalCD TheFinalCD 4 months ago
FRAUD REPORT* OUT ON $HUT

*ALLEDGED

https://www.jcapitalresearch.com/index.html
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Mikey Mikey 4 months ago
https://www.globenewswire.com/news-release/2024/01/15/2809065/0/en/Media-Advisory-Hut-8-Corp-to-Ring-Opening-Bell-at-Nasdaq-in-New-York-on-January-18-2024.html
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Smallblock Smallblock 4 months ago
https://cryptoslate.com/hut-8-expands-borrowing-capacity-with-coinbase-to-65-million-acquires-natural-gas-power-plants/
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Lokotony Lokotony 4 months ago
Glad I got in!!!!!
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Dark-Grove Dark-Grove 4 months ago
Why is HUT not reflecting the price of bitcoin. This is getting frustrating.
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TheFinalCD TheFinalCD 4 months ago
added HUT 11.11
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TheFinalCD TheFinalCD 4 months ago
$hut Stalking horse bid update – we have now received court approval in our stalking horse bid for four natural gas power plants including the North Bay mine. Read more here https://ow.ly/ETML50QoCfB.
Stalking horse bid update – we have now received court approval in our stalking horse bid for four natural gas power plants including the North Bay mine. Read more here https://t.co/0BgZ76uVf7.— Hut 8 (@Hut8Corp) January 8, 2024
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Mikey Mikey 4 months ago
my prediction is that HUT overtakes RIOT in pps in the next week or two
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Dark-Grove Dark-Grove 4 months ago
Yes mine also
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Mikey Mikey 4 months ago
oh yeah, MARA is my largest holding by far
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Dark-Grove Dark-Grove 4 months ago
That makes sense now for some reason I was looking up MARA
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Mikey Mikey 4 months ago
HUT 01/19/2024 15.00 C
CALL HUT 8 CORP $15 EXP 01/19/24
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Dark-Grove Dark-Grove 4 months ago
Which calls $54 $60 $65. I’ve been following your calls.
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Mikey Mikey 4 months ago
just picked up a batch of HUT 15's dated JAN 19
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Mikey Mikey 5 months ago
HUT calls on this pull back!!
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Mikey Mikey 5 months ago
HUT is going to overtake RIOT on pps, with their rinky dink float........
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Mikey Mikey 5 months ago
jan 10, on or about for approval
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vzephir vzephir 5 months ago
$Hut is on fire!!!!
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Mikey Mikey 5 months ago
my .70 HUT calls are worth 2.97 now......
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Mikey Mikey 5 months ago
I'm not sure that gap is going to be filled, though.....we'll see
👍️ 1