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Hut 8 Schedules First Quarter 2025 Earnings Release and Conference Call
Newsfilter· 2025-04-10 21:30
MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. ((Nasdaq, TSX:HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced it will release financial results for the first quarter of 2025 before the market opens on May 8, 2025. The Company will host a conference call and webcast to review the results on the same ...
PIZZA HUT® CREATES A FIRST-OF-ITS-KIND INNOVATION: "PIZZA CAVIAR"
Prnewswire· 2025-04-09 10:02
Pizza Hut Flips the Caviar Trend on its Head with a Bold New Creation – a savory Pepperoni-Flavored "Caviar" – Served in the Exclusive New Pizza Caviar Bump Box PLANO, Texas, April 9, 2025 /PRNewswire/ -- Pizza Hut is putting an indulgent twist on the caviar craze sweeping foodie culture with the launch of "Pizza Caviar"* – a first-of-its-kind innovation that transforms the fine dining trend into something completely unexpected. Caviar has been elevating some of the world's most beloved comfort foods with t ...
Hut 8 Operations Update for March 2025
Newsfilter· 2025-04-04 21:30
Core Insights - Hut 8 Corp. has achieved a significant operational milestone with a 102% increase in deployed hashrate from an average of 4.6 EH/s in February 2025 to 9.3 EH/s by the end of March 2025 [1][3] - The company has improved fleet efficiency by 31%, reducing the average from 29.3 J/TH in February 2025 to 20.1 J/TH by the end of March 2025 [1][3] - The launch of American Bitcoin, a standalone mining entity in partnership with Eric Trump, marks a strategic shift for Hut 8 [3][5] Operational Metrics - Total energy capacity under management remains at 665 MW [4] - Total deployed miners increased from 109.2K in February 2025 to 120.8K in March 2025 [4] - Total hashrate under management rose from 12.3 EH/s in February 2025 to 16.9 EH/s in March 2025 [4] - Bitcoin production increased from 46 BTC in February 2025 to 88 BTC in March 2025 [4] Strategic Developments - The operational progress has set the stage for the carveout of ASIC miners into American Bitcoin, which is designed for scale, speed, and capital efficiency [3][5] - Hut 8 will shift to a quarterly reporting cadence instead of monthly operational updates, aligning with industry standards [3][5] - The ASIC miners operated for American Bitcoin will generate revenue across two segments: Managed Services and ASIC Colocation [3][5]
Hut 8: The New JV Is Ho-Hum, But The Stock Looks Cheap
Seeking Alpha· 2025-04-03 12:29
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Hut 8 and Eric Trump Launch American Bitcoin to Set a New Standard in Bitcoin Mining
GlobeNewswire News Room· 2025-03-31 09:15
American Bitcoin Highlights MIAMI, March 31, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced the launch of American Bitcoin Corp. ("American Bitcoin"), a majority-owned subsidiary of Hut 8 focused exclusively on industrial-scale Bitcoin mining and strate ...
PIZZA HUT® LAUNCHES NEW TV SPOT AND BRAND CAMPAIGN FEATURING "PETER ZAHUT" - THE ULTIMATE DELIVERY GUY WHO BRINGS THE GOOD TIMES - ALONGSIDE CHEESY BITES PIZZA & NEW RANCH LOVER'S FLIGHT
Prnewswire· 2025-03-26 10:02
Core Insights - Pizza Hut has launched a new brand campaign featuring a character named Peter Zahut, designed to enhance the delivery experience and promote the joy of sharing pizza during events like March Madness [1][2][3] - The campaign highlights new culinary innovations, including the return of Cheesy Bites Pizza and the introduction of the Ranch Lover's Flight, which offers three unique dipping sauces [2][3][5] Product Innovations - Cheesy Bites Pizza features 28 pull-apart, cheese-filled bites, replacing the traditional crust, making it ideal for dipping and sharing [3] - The Ranch Lover's Flight includes three exclusive dipping sauces: Ultimate Ranch, Chipotle Ranch, and Pepperoni Ranch, enhancing the overall pizza experience [3][5][6] Marketing Strategy - The campaign aims to spotlight not just the pizza but also the moments of joy associated with it, as stated by the Chief Marketing Officer, Melissa Friebe [2] - The timing of the campaign coincides with the NCAA Sweet 16, leveraging the excitement of basketball fans to promote the new offerings [1][4] Company Background - Pizza Hut, a subsidiary of Yum! Brands, has been a pioneer in the pizza industry since its founding in 1958, known for innovations like Original Pan and Original Stuffed Crust pizzas [7] - The brand operates over 19,500 restaurants in more than 100 countries and has a strong digital presence, with over half of its transactions coming from digital orders [7]
PIZZA HUT INTRODUCES HUTTY - YOUR SECOND-SCREEN BUDDY FOR COLLEGE BASKETBALL, BRINGING FANS TOGETHER WITH HOOPS INSIGHTS AND EXCLUSIVE REWARDS
Prnewswire· 2025-03-19 11:02
Pizza Hut's Digital-Led Experience Enhances Game Time, Turning Solo Viewing into a Shared, Interactive EventPLANO, Texas, March 19, 2025 /PRNewswire/ -- Pizza Hut has always been a go-to for bringing people together over great food and good times. Now, as the Official and Only Pizza Sponsor of college basketball's biggest tournament, the brand is extending that role into the digital space with Hutty – a second-screen companion designed to enhance every game, keep fans connected, and serve up rewards all tou ...
Hut 8: Paper Gains Mask A Brutal 2024
Seeking Alpha· 2025-03-16 09:04
Group 1 - The analyst maintained a 'hold' rating on Hut 8 (NASDAQ: HUT) after a satisfactory third quarter report, indicating a cautious approach towards the stock [1] - The primary concern regarding the purchase of Hut 8 shares was related to the overall market conditions and the company's performance metrics [1] Group 2 - The article does not provide specific financial data or performance metrics for Hut 8, focusing instead on the analyst's perspective and market sentiment [1]
PIZZA HUT® REDEFINES CHARCUTERIE BOARDS WITH PIZZA CHARCUTERIE FOR PI DAY
Prnewswire· 2025-03-11 11:02
Because Meat and Cheese Had a Good RunPLANO, Texas, March 11, 2025 /PRNewswire/ -- Move over, salami and brie—Pizza Hut is taking charcuterie to the next level just in time for Pi Day (3.14). Introducing Pizza Charcuterie, a customizable, Instagram-worthy pizza board designed for the ultimate social gathering. Whether hosting a Pi Day celebration, a watch party, or just looking for an easy (but impressive) way to elevate your get-together, Pizza Hut's new Pizza Charcuterie is the ultimate crowd-pleaser. Thi ...
Hut 8 Operations Update for February 2025
Newsfilter· 2025-03-06 22:30
Core Insights - Hut 8 Corp. has made significant advancements in February 2025, focusing on expanding its energy infrastructure and upgrading its ASIC fleet for enhanced performance [2][3] Group 1: Operations Update - The company secured a 592-acre site in Louisiana for its new River Bend campus, which is part of a larger plan involving 430 MW of AI data center development opportunities [3][6] - The Vega development is on track for energization in Q2 2025, with miner deliveries for a ~15 EH/s ASIC Colocation agreement with BITMAIN currently underway [3][6] - New miners are being deployed at Salt Creek and Medicine Hat as part of the fleet upgrade, with a target hashrate of ~10.3 EH/s and fleet efficiency of ~20.5 J/TH [3][6] Group 2: Operating Metrics - Total energy capacity under management for mining remains at 665 MW, while total deployed miners decreased from 115.3K in January to 109.2K in February 2025 [7] - The total hashrate under management fell from 12.7 EH/s in January to 12.3 EH/s in February, with Bitcoin production dropping from 65 BTC to 46 BTC during the same period [7] - Bitcoin held in reserve increased slightly from 10,208 BTC in January to 10,237 BTC in February [7] Group 3: Energy Infrastructure - Hut 8's energy infrastructure platform spans 1,020 MW of energy capacity across 15 sites in the U.S. and Canada, including Bitcoin mining, high-performance computing data centers, and power generation assets [12][11] - The company maintains a power-first, innovation-driven approach to developing and operating critical infrastructure for energy-intensive applications [12]