HUT

Hut 8 Mining Corp Price

HUT
$56,37
+$0,03(+%0,05)

*Data last updated: 2026-04-08 11:28 (UTC+8)

As of 2026-04-08 11:28, Hut 8 Mining Corp (HUT) is priced at $56,37, with a total market cap of $5,83B, a P/E ratio of -21,39, and a dividend yield of %0,00. Today, the stock price fluctuated between $55,30 and $56,50. The current price is %1,93 above the day's low and %0,23 below the day's high, with a trading volume of 4,23M. Over the past 52 weeks, HUT has traded between $44,25 to $56,80, and the current price is -%0,75 away from the 52-week high.

HUT Key Stats

Yesterday's Close$49,58
Market Cap$5,83B
Volume4,23M
P/E Ratio-21,39
Dividend Yield (TTM)%0,00
Diluted EPS (TTM)2,09
Net Income (FY)-$226,14M
Revenue (FY)$235,11M
Earnings Date2026-05-14
EPS Estimate0,28
Revenue Estimate$76,61M
Shares Outstanding117,77M
Beta (1Y)5.712

About HUT

Hut 8 Corp Hut 8 Corp. is a vertically integrated operator of large-scale energy infrastructure and Bitcoin miners. 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.
SectorFinancial Services
IndustryFinancial - Capital Markets
CEOAsher Kevin Genoot
HeadquartersMiami,FL,US
Official Websitehttps://hut8.com
Employees (FY)248,00
Average Revenue (1Y)$948,05K
Net Income per Employee-$911,89K

Learn More about Hut 8 Mining Corp (HUT)

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Hut 8 Mining Corp (HUT) is currently trading at $56,37, with a 24h change of +%0,05. The 52-week trading range is $44,25–$56,80.

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Hut 8 Mining Corp (HUT) Latest News

2026-03-10 14:01

U.S. stock market opens with a broad increase in the crypto sector, Circle up 9.74%

Gate News Report, March 10 — According to msx.com data, U.S. stocks opened with the Dow down 0.13%, the S&P 500 down 0.03%, and the Nasdaq up 0.1%. Crypto-related stocks generally rose: Circle up 9.74%, Bit Digital up 3.87%, Robinhood up 2.99%, a certain CEX up 2.92%, and Hut 8 up 0.45%.

2026-03-09 14:00

The three major U.S. stock indices fell at market open, while crypto-related stocks showed mixed performance, with Circle up 8.57%.

Gate News reports that on March 9, the U.S. stock market opened with the Dow down 1%, the S&P 500 down 0.87%, and the Nasdaq down 0.86%. Cryptocurrency-related stocks showed mixed performance: Circle rose 8.57%, Bit Digital fell 0.62%, Robinhood declined 0.66%, Hut 8 dropped 4.48%, and a certain CEX increased by 1.66%.

2026-02-26 16:09

Benchmark reaffirms a "Buy" rating on Hut8 with a $85 price target

BlockBeats News, February 27 — Benchmark reiterates a "Buy" rating for Hut 8 with a target price of $85, noting that as the company advances its AI data center strategy, management is positioning 2026 as the "execution and delivery" year. Benchmark analyst Mark Palmer stated in the report that although Q4 results were affected by unrealized Bitcoin losses, the more important development is Hut 8's steady transformation into a "power-first digital infrastructure platform," which provides a clearer long-term contract cash flow outlook. Hut 8 reported a net loss of $301.8 million in Q4, mainly due to $401.9 million in unrealized digital asset losses. As computing power revenue grows, revenue nearly tripled year-over-year to $88.5 million. Palmer continued to view the 15-year, 245 MW IT leasing agreement with River Bend and Fluidstack as the core of the investment thesis. The agreement, supported by Google Finance, along with a roughly $7 billion foundational term agreement, is driving Hut 8's valuation closer to infrastructure multiples. Benchmark's $85 target price is based on a sum-of-the-parts analysis, including River Bend leasing, probabilistic valuation of an additional 1,000 MW under the priority offer rights, the market value of Hut 8's 60% stake in American Bitcoin, and its Bitcoin holdings.

Hot Posts About Hut 8 Mining Corp (HUT)

Ryakpanda

Ryakpanda

9 hours ago
#Gate广场四月发帖挑战 Daily Must-Read 260408 | US-Iran Ceasefire Agreement Reached: Crude Oil Plummets 15%, BTC Breaks Through 72k, SEC Regulatory New Rules Coming Soon I. Major Events in the Crypto World 1. Cryptocurrency News Headlines US-Iran Reach Temporary Two-Week Ceasefire Agreement, Crude Oil Drops 15%, Bitcoin Surges Past 72k On April 8, Trump announced agreement to pause bombing and attacks on Iran for two weeks. The Iranian Supreme National Security Council issued a statement early on April 8 local time, saying that, based on the advice of the Supreme Leader and approval from the Supreme National Security Council, they accept Pakistan’s ceasefire proposal. Iran stated that Iran-U.S. negotiations will begin on the 10th in Islamabad. According to BitMarket data, due to easing tensions in the Middle East, Nasdaq futures rose by 2%; WTI crude oil dropped 15%, breaking below $100; spot gold rose over 3.2%, currently at $4,811 per ounce. Bitcoin rebounded and broke through $72k, currently at $72,460, up 5.52% in 24 hours. CoinGlass data shows that in the past 12 hours, on-chain crude oil liquidations reached $34.75 million, on-chain Brent crude oil liquidations reached $31.02 million, both mainly long liquidations. At 21:34 on April 7, the three major US stock indices opened lower, and crypto stocks declined across the board. At 21:34 on April 7, according to BitMarket data, US stocks opened with the Dow down 0.2%, S&P 500 down 0.18%, Nasdaq down 0.3%. Crypto stocks also declined, including: Coinbase (COIN) down 2.09%, Circle (CRCL) down 2.33%, Strategy (MSTR) down 1.61%, Gemini (GEMI) down 0.92%, Bitmine (BMNR) down 2.82%, SharpLink Gaming (SBET) down 3.13%, Bit Digital (BTBT) down 2.57%, ALT5 Sigma (ALTS) down 1.72%, American Bitcoin (ABTC) down 1.66%, Kindly MD (NAKA) down 0.55%, Solana Co (HSDT) down 2.63%. SEC Chair: Soon to Release "Regulatory Rules" on Cryptocurrency Financing On April 7, CoinDesk reported that SEC Chairman Paul Atkins stated on Monday that the agency is about to propose a "cryptocurrency regulation" plan to clarify its approach to regulating the crypto industry, and to delineate which transactions may be considered securities and which are not. SEC Chairman Paul Atkins said that the new "cryptocurrency regulation" has been submitted to the White House Office of Information and Regulatory Affairs, meaning it is just one step away from official release. He mentioned that this rulemaking is mainly based on the Securities Act of 1933 and will involve issues such as financing and startup exemptions. After the Q&A session, he added that the SEC also plans to soon introduce the long-awaited "Innovation Exemption." Wintermute Weekly Report: Geopolitical Tensions Dominate Market, Bitcoin Up 2% Weekly, Nearly Holding 67k Support On April 7, Wintermute released its latest weekly report, stating that macro factors last week were entirely driven by geopolitical news: on Tuesday, Iran’s president signaled a ceasefire, the S&P 500 surged about 2.9%, Brent crude oil fell back to $105; but on Wednesday, Trump made a tough speech, promising to "very severely" strike Iran within 2-3 weeks and showing no intention to reopen the Strait of Hormuz. WTI crude oil soared 11% to above $111 on Thursday, and Asian markets declined sharply. On Sunday, Trump threatened to bomb Iranian bridges and power plants on Tuesday, while also saying it is "very likely" an agreement will be reached before Monday. Reports indicate that a 45-day ceasefire framework is under discussion. Currently, the 10-year US Treasury yield has risen to 4.36% (up 40 basis points since the conflict began), and the swap market pricing shows a zero probability of rate cuts at the Federal Reserve meeting on April 28-29. PCE data will be released on Thursday, with market focus on whether oil price shocks will transmit to the Fed’s preferred inflation indicator. In terms of digital assets, Bitcoin rose only 2.0% last week, with the Fear & Greed Index at 9 (Extreme Fear), and social sentiment at the most bearish level since the conflict began. Institutional buying remains a key support, with March ETF net inflows of $1.32 billion (the strongest since October 2025), Strategy increased holdings by 44k BTC, and Morgan Stanley approved a spot ETF listing at a 14 basis point fee. However, in the last week of March, ETF flows turned negative with outflows of $414 million, and the whale ratio on exchanges increased from 0.34 in January to 0.79, with OTC data also showing institutions shifting from buying to neutral or net selling. Ethereum performed strongly (+4.2%), with staking yields becoming a differentiator in the "higher for longer" interest rate environment. Solana, affected by the Drift protocol hack (loss of $285 million, the second-largest hack in Solana history), fell below $80. Wintermute notes that Tuesday’s Strait of Hormuz deadline is critical. The 45-day ceasefire is the most concrete easing effort since the conflict began, but damage to Iran’s energy facilities, Gulf refineries, and port logistics has already occurred, making a full ceasefire insufficient to restore pre-war shipping capacity overnight. If Tuesday’s "Power Plant Day" threats materialize and Iran retaliates, oil risk premiums will immediately rebuild. Analysis: AI Computing Power Competition for Electricity Resources, Bitcoin Miners Shift to Leasing Hash Power for More Stable Income On April 7, CoinDesk reported that AI computing power development is becoming one of the largest new sources of electricity demand in the US, coinciding with a critical decision point for Bitcoin miners: continue mining or lease their infrastructure to AI companies for income. This trend is becoming increasingly evident. Core Scientific, through its partnership with CoreWeave, is converting most of its mining hash power into AI hosting services. Iris Energy and Hut 8 have also expanded their AI and high-performance computing (HPC) revenues. Riot Platforms, MARA Holdings, and Genius Group disclosed last week that they sold over 19,000 BTC, indicating that mining economics alone are no longer sufficient to sustain operations at current prices and network difficulty. A Bitcoin miner operating with 1 gigawatt of hash power will see its income fluctuate with Bitcoin price and network difficulty. Leasing the same 1 gigawatt to AI companies can secure contractual revenue and predictable cash flow. At Bitcoin prices of $69,000, with network difficulty at a record high and energy costs rising due to competition among industrial users for the same grid capacity, leasing hash power to AI often yields higher returns. However, this does not mean Bitcoin mining is dying. Network hash rate continues to set records above 1 zettahash/sec. But miners surviving this cycle are more like infrastructure companies—mining Bitcoin as a byproduct while leasing their real assets—large-scale cheap electricity—to AI industries that cannot quickly build data centers. Market View Opinion: Polymarket can generate $54 million annual interest income from $1.25 billion user funds On April 7, DeFiLlama founder 0xngmi discussed that Polymarket will launch its native stablecoin Polymarket USD, and stated that the total user wallet funds amount to about $1.25 billion. If the platform retains the interest income, it could generate approximately $54 million annually at current rates. Project Updates Polymarket fee adjustment boosts on-chain prediction market’s fee share to 97% On April 7, after Polymarket adjusted fees on March 30, its fee income surged. In the first week of April, the platform generated about $7.1 million in fees, with an annualized yield of approximately $365 million, accounting for 96.8% of total on-chain prediction market fees. Based on fee revenue, Polymarket has become the eighth-largest DeFi protocol, behind major projects like Circle (USDC), Tether (USDT), and Hyperliquid. The platform’s total value locked (TVL) exceeds $432 million, approaching the $510 million high during the US election in November 2024. In terms of infrastructure, Intercontinental Exchange (ICE), owner of the NYSE, completed a $600 million cash investment in Polymarket on March 27, as part of its $2 billion commitment. ICE will distribute the platform’s event-driven data to institutional clients. Additionally, Polymarket announced replacing the USDC.e collateral bridge on Polygon with a new 1:1 USDC-backed token called "Polymarket USD." 2. Macro Policy News Federal Reserve Williams: Middle East Conflict Will Push Up Overall Inflation but Have Little Impact on Core Inflation On April 7, Federal Reserve Bank of New York President Williams stated that the Iran war will push up overall inflation. The Fed is very focused on core inflation, and despite the Middle East conflict, core inflation has not changed much, with this year’s inflation rate expected around 2.75%. Tariffs remain an important part of the inflation story, but monetary policy is currently in a "wait-and-see" favorable position.
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Raveena

Raveena

20 hours ago
#BitcoinMiningIndustryUpdates #BitcoinMiningIndustryUpdates The Bitcoin mining industry is navigating its most challenging quarter since the 2024 halving—but beneath the surface, a structural transformation is underway. As of April 2026, the global hashrate has retreated to approximately 1,004 EH/s, down 5.8% from its March peak of 1,066 EH/s. This decline marks the first sustained drop in over 18 months, signaling that a significant portion of the network is now operating at a loss. The culprit? Hashprice—the daily revenue a miner earns per unit of hashing power—has collapsed to a range of $28–$30 per PH/s per day. For context, hashprice averaged $55–$60 in early 2025 and topped $100 during the 2024 pre-halving rally. Why the sudden squeeze? Three factors are colliding simultaneously: 1. Post-halving reality check – The April 2024 halving cut block rewards from 6.25 BTC to 3.125 BTC. While many expected a price rally to offset the supply shock, Bitcoin has traded sideways between $48,000 and $52,000 for most of Q1 2026—nowhere near the $70,000+ needed to keep older rigs profitable. 2. Difficulty adjustments lagging – Network difficulty rose another 4.2% in March to 92.3 trillion, as miners kept adding capacity through late 2025. The difficulty algorithm is only now beginning to respond to the hash rate decline, but with a 2,016-block lag. 3. Energy costs remain stubbornly high – Natural gas prices are up 18% year-over-year in the U.S., while electricity in major mining hubs like Texas and Kentucky now averages $0.048–0.052/kWh for industrial users. Miners with efficiency below 28 J/TH are bleeding cash. The HODL model is officially dead. Publicly traded miners have abandoned their long-held strategy of hoarding mined Bitcoin. In Q1 2026, the top ten public miners sold over 12,000 BTC—more than triple the amount sold in Q4 2025. Riot Platforms led the way, selling 3,778 BTC in Q1 alone (versus production of just 1,850 BTC), effectively liquidating a portion of its treasury to fund operations. CleanSpark sold 405 BTC spot in March, its highest monthly sell rate since 2023. Even Marathon Digital, which historically held 80%+ of mined coins, sold 62% of its March production. The message is clear: survival requires liquidity, not speculation. A valuation divergence is forcing a strategic pivot. Wall Street now values mining companies with AI/HPC (high-performance computing) exposure at a staggering premium. The average EV/NTM revenue multiple for miners pivoting to AI data centers stands at 12.3x, compared to just 5.9x for pure-play mining firms. This gap has triggered a wave of announcements: Hut 8 has allocated 350MW to AI cloud services; Iris Energy is converting 200MW of its Childress County facility to NVIDIA H200 clusters; and Core Scientific has signed a 12-year, $8.7 billion AI hosting deal with CoreWeave. The message is unmistakable—Bitcoin mining alone is no longer a growth story. Policy is suddenly moving in two directions at once. On the federal level, the "Mined in America Act" (introduced March 30 by Senators Cassidy and Lummis) would create a voluntary certification program for U.S.-based miners, mandating renewable energy usage and grid-responsiveness while codifying the Strategic Bitcoin Reserve. The bill addresses a critical vulnerability: the U.S. controls 38% of global hashrate but imports 97% of ASIC miners from China. Domestic manufacturing incentives could shift that balance within three years. However, at the state level, the picture is darker. New York Democrats have proposed a tiered crypto mining tax—2 cents/kWh for operations using renewable energy, 5 cents/kWh for those on fossil fuels—which would more than double power costs for most miners. The industry has responded with a $2.3 million lobbying campaign, but similar bills are now being discussed in Illinois and California. Meanwhile, Texas's ERCOT has signaled it may revise its demand-response credits for miners, potentially reducing the lucrative payments miners receive for shutting down during peak grid stress. Energy innovation is quietly becoming the industry's saving grace. MARA has expanded its gas-flare data center in North Dakota from 25MW to 50MW, capturing stranded natural gas that would otherwise be vented into the atmosphere. The carbon intensity of flare-gas mining is roughly 63% lower than grid-powered mining, and MARA is now monetizing carbon credits as a secondary revenue stream. Similarly, TeraWulf's Lake Mariner facility in New York is now 91% powered by nuclear energy from the adjacent Ginna plant, making it one of the lowest-carbon mining operations globally. Industry-wide, the Bitcoin Mining Council estimates that renewable penetration reached 52.4% in March 2026, up from 48% a year ago. What to watch in the coming weeks: The next difficulty adjustment is scheduled for April 12. If hashprice remains below $30, we could see another 4–6% drop in hashrate, forcing another round of rig retirements—mostly S19 series units that are now four generations old. On the flip side, any Bitcoin move above $55,000 would bring those rigs back online almost instantly, triggering a difficulty jump and squeezing margins once again. The miners who survive this cycle will look very different from the ones that entered it. They'll be diversified into AI, energy arbitrage, or both. They'll treat Bitcoin as a cash-flow instrument, not a treasury asset. And they'll operate with the discipline of traditional energy utilities—because that's exactly what they're becoming. The post-halving era was never going to be easy. But for those willing to adapt, the infrastructure being built today will underpin both the Bitcoin network and the broader compute economy for the next decade. #BitcoinMining #HashpriceCrisis #BitcoinMiningIndustryUpdates
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