HUT CORP (HUT)
Information Technology · Digital Infrastructure and Cryptocurrency Mining · NASDAQ
Hut 8 operates a diversified digital infrastructure platform combining cryptocurrency mining, high-performance compute services, and power generation to capitalize on AI, data center, and blockchain demand.
What HUT CORP does
Hut 8 Corp. is a digital infrastructure company that operates across three primary business segments: (1) Compute—cryptocurrency mining and high-performance computing services leveraging proprietary mining hardware; (2) Digital Infrastructure—managed services and colocation facilities for computing workloads; and (3) Power—energy generation and management to support its operations and provide power solutions. Following a business combination completed in November 2023 between Legacy Hut 8 Mining Corp. and U.S. Data Mining Group Inc. (USBTC), the company now operates an integrated platform serving enterprise and institutional clients in digital asset mining, AI infrastructure, and managed compute services.
Themes: ["cryptocurrency mining / Bitcoin","AI infrastructure / compute","data center / colocation","power generation / energy","digital asset infrastructure","managed hosting services"]
Fundamentals
- Price$106.22 as of 2026-07-09 close
- Market cap$11.9B as of 2026-07-10
- 1-year return+407.9% as of 2026-07-09 close
- P/E35.99 as of 2026-07-10
- Net margin+112.2% as of 2026-07-10
- Gross margin+47.6% as of 2026-07-10
- ROE-6.5% as of 2026-07-10
- Debt / equity0.35 as of 2026-07-10
- Revenue growth (YoY)+120.2% as of 2026-07-10
- Revenue CAGR (3y)+47.2% SEC XBRL
- Beta4.58 as of 2026-07-10
Key risks (from latest filing)
["Cryptocurrency volatility directly impacts mining profitability and digital asset valuations; sustained price declines could materially impair asset holdings and revenue","Regulatory and compliance risks related to cryptocurrency mining, energy consumption, and potential future digital asset restrictions in key jurisdictions","Capital-intensive operations requiring significant equipment and facility investments; dependence on access to affordable power and ability to secure financing for growth"]
Competitors & peers
- Core Scientific (CORZQ)
- Marathon Digital (MARA)
- Riot Platforms (RIOT)
- Bitfarms (BITF)
- Iris Energy ( IRIS)
- Compute North
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.