HUT Company Overview
Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.
Company Contact
Headquarters
1101 Brickell Avenue, Suite 1500
Miami, FL
33131
Invested 1/13/2021
@ 5.145
Hut 8 Shares Jump After Unexpected Q3 Profit, Revenue Beat
11:35 AM ET 11/13/24 | MT NewswiresUpdate: Hut 8 Shares Jump After Unexpected Q3 Profit, Revenue Beat
11:35 AM EST, 11/13/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)
Hut 8 (HUT) shares jumped 14% in recent Wednesday trading after the company reported Q3 earnings of $0.01 per diluted share, swinging from a loss of $0.10 a year earlier.
Four analysts polled by Capital IQ expected a loss of $0.29.
Revenue in the three months ended Sept. 30 rose to $43.7 million from $21.7 million a year earlier, the company said Wednesday in a statement.
Four analysts surveyed by Capital IQ expected $40.1 million.
Price: 27.27, Change: +3.41, Percent Change: +14.29
***Hut 8 Announces Plans to List on NASDAQ
7:30 AM ET 5/12/21 | Dow Jones
TORONTO, May 12, 2021 /CNW/ - Hut 8 Mining Corp. (TSX: HUT) ("Hut 8" or the "Company"), one of North America's oldest and largest innovation-focused bitcoin miners, is pleased to announce that the Company has applied for a listing of its common shares on the NASDAQ Global Market ("NASDAQ").
Jaime Leverton, CEO of Hut 8 commented: "Since we filed our F-10 in March, we have been continuing to actively move forward with the NASDAQ listing process. We are incredibly excited about what this means for Hut 8 and are proud to pursue the opportunity to join the ranks of global technology companies listed in the U.S"
The listing of the Company's common shares on the NASDAQ remains subject to the approval of the NASDAQ and the satisfaction of all applicable quantitative and qualitative listing and regulatory requirements. The Company will maintain the listing of its common shares on the Toronto Stock Exchange under the symbol "HUT".
*DJ HUT 8 Expands Mining Capacity With $30 Million Purchase of NVIDIA CMPs
7:30 AM ET 3/26/21 | Dow Jones
*Global and Canadian First: Hut 8 Mining Inc. Signals Bold Energy and Blockchain Innovation Play Through Exclusive with Global Energy Partner Validus Power Corp.
6:00 AM ET 2/22/21 | Dow Jones
*Hut 8 Finalizes $11.8 Million Equipment Financing Loan from DCG-subsidiary Foundry
7:30 AM ET 1/22/21 | Dow Jones