U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor Hut 8 plans to deploy model in Q2 2025 through ~15 EH/s hosting deployment with potential transition to self-mining through purchase option Miami, FL, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced ...

18.5 EH/s and 762 MW under management in mining Energized Building 1 at Cedarvale Miami, FL, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for August 2024. "During August, we maintained our focus on low-cost operations and unit economics," said Asher Genoot, CEO of Hut 8. "Maximizing returns fro ...

New Packaging Innovation Ensures Movers Won't Be Eating Their Moving Day Pizza Order on the Floor PLANO, Texas, Aug. 27, 2024 /PRNewswire/ -- Today, Pizza Hut® delivers a slice of innovation and a tasty solution for moving woes with the launch of the Moving Box Table, a specialty pizza box that turns into a miniature table offering a practical solution for pizza lovers who need a quick and easy dining setup amidst the chaos of moving. Nearly 9 in 10 (87%*) Americans have ordered pizza during a move, and a r ...

Hut 8 Today HUT Hut 8 $10.96 -0.43 (-3.78%) 52-Week Range $6.18 ▼ $21.10 Price Target $15.08 Add to Watchlist Hut 8 Corp. NASDAQ: HUT is a vertically integrated cryptocurrency mining company operating in North America. It is one of the largest operators of large-scale energy infrastructure and provides a comprehensive suite of services, including self-mining, hosting, managed services, and traditional data center operations. Hut 8's earnings report for the second quarter of 2024 reveals the company's contin ...

Revenue of $35.2 million and 9,102 self-mined Bitcoin on balance sheet as of quarter end Closed $150 million strategic investment from Coatue to partner in building AI infrastructure MIAMI, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced its financial results for the three and six months ended June 30, 2024. "Our resul ...

Hut 8 Corp (NASDAQ:HUT) will report fiscal first-quarter earnings before the open tomorrow, Aug 13. The crypto-adjacent data mining stock experienced a sharp slide amid the global market selloff, especially as Bitcoin (BTC) slipped below $50,000 for the first time since February. This pullback has HUT flashing a historically bullish signal, though earnings could provide some volatility. According to Schaeffer's Senior Quantitative Analyst Rocky White, the stock is within one standard deviation of its 80-day ...

Sean Glennan to join as CFO on August 21, 2024 Glennan most recently served as Managing Director in the Global Power, Utilities & Renewables group at Citigroup MIAMI, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners today announced that Sean Glennan will become the Company's new Chief Financial Officer (CFO), effective August 21, 2024. ...

Sean Glennan to join as CFO on August 21, 2024 Glennan most recently served as Managing Director in the Global Power, Utilities & Renewables group at Citigroup MIAMI, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners today announced that Sean Glennan will become the Company's new Chief Financial Officer (CFO), effective August 21, 2024. ...

Core Viewpoint - Hut 8 Corp. has entered into a power purchase agreement for a site in West Texas, gaining exclusive access to 205 megawatts of power capacity, marking the first transaction from its previously announced development pipeline of 1,100 megawatts [1]. Group 1: Company Overview - Hut 8 Corp. operates as a vertically integrated energy infrastructure operator and Bitcoin miner, with a portfolio of nineteen sites across North America, including ten Bitcoin mining and hosting sites, five high-performance computing data centers, and four power generation assets [2]. Group 2: Transaction Details - The new site is adjacent to a wind farm and connected to the ERCOT grid, providing access to some of the lowest locational wholesale power pricing in North America [8]. - Upon closing, the transaction is expected to expand Hut 8's energy infrastructure platform to approximately 1.3 gigawatts of capacity across various operations, including self-mining and managed services [9]. Group 3: Strategic Approach - The CEO of Hut 8 emphasized the company's differentiated approach to securing new energy capacity through partnerships, which addresses the commercial, legal, and regulatory challenges of stakeholders involved in the project [6]. - The company is finalizing a commercialization plan for the new site to maximize its value and support high-density compute applications, including Bitcoin mining and AI [8].

Marks first transaction to convert from Hut 8's previously announced development pipeline of 1,100 megawatts of energy capacity under exclusivity Data center engineering, procurement, and construction efforts underway The PPA and site, which is adjacent to a wind farm and connected to the ERCOT grid, give Hut 8 access to some of the lowest locational wholesale power pricing in North America. The site has an existing, operational substation, and engineering, procurement, and construction efforts for a new da ...