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 ...

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Hut 8 Corp HUT stock tanked in early Tuesday trading after the company reported mixed second-quarter earnings. The stock price saw redemption on Wednesday. The results came amid an exciting earnings season. Here are some key analyst takeaways. Benchmark analyst Mark Palmer reiterated a Buy rating to Hut 8 Mining and set a price target of $17. Needham analyst John Todaro maintained a Buy rating on Hut 8 Mining with a price target of $15. Benchmark: Hut 8 Corp's second-quarter revenue of $33.5 million fell we ...

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 ...

Call Start: 08:30 January 1, 0000 9:21 AM ET Hut 8 Corp. (NASDAQ:HUT) Q2 2024 Earnings Conference Call August 13, 2024 08:30 ET Company Participants Asher Genoot - Chief Executive Officer Shenif Visram - Chief Financial Officer Sean Glennan - Incoming Chief Financial Officer Conference Call Participants John Todaro - Needham Mike Colonnese - HC Wainwright Operator Good morning and welcome to Hut 8’s Q2 2024 Financial Results Conference Call. After today’s presentation, there will be an opportunity to ask qu ...

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. ...