Date | Price Target | Rating | Analyst |
---|---|---|---|
8/14/2024 | $7.50 → $13.50 | Sell → Buy | H.C. Wainwright |
5/16/2024 | $12.00 | Hold → Buy | Craig Hallum |
4/22/2024 | $12.00 | Buy | The Benchmark Company |
3/18/2024 | $12.00 | Buy | Needham |
2/6/2024 | $5.50 | Neutral → Sell | H.C. Wainwright |
12/9/2022 | $1.50 | Neutral | H.C. Wainwright |
11/11/2022 | $5.00 → $2.00 | Buy → Hold | Craig Hallum |
8/17/2022 | Buy → Neutral | DA Davidson |
4 - Hut 8 Corp. (0001964789) (Issuer)
3 - Hut 8 Corp. (0001964789) (Issuer)
4 - Hut 8 Corp. (0001964789) (Issuer)
SC 13G - Hut 8 Corp. (0001964789) (Subject)
8-K - Hut 8 Corp. (0001964789) (Filer)
10-Q - Hut 8 Corp. (0001964789) (Filer)
8-K - Hut 8 Corp. (0001964789) (Filer)
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 results this quarter reflect the ambitious restructuring program we set in motion six months ago," said Asher Genoot, CEO of Hut 8. "Despite the network halving, gross margins in our Digita
18.0 EH/s and 762 MW under management in mining Announced plans for a 205 MW site in Texas MIAMI, Aug. 05, 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 July 2024. "We are continuing to see the impact of our ongoing optimization efforts in our self-mining business," said Asher Genoot, CEO of Hut 8. "Our average energy cost has declined materially since bringing Salt Creek online and completing the planned deployment of our curtailment software, and we continue to build and refine
MIAMI, July 24, 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, will host a conference call and webinar on Tuesday, August 13, 2024 to review second quarter 2024 results. Who: Analysts, media, and investors are invited to attend. What: Hut 8 executives will review the Company's financial results for the second quarter of 2024. When: Results will be shared via media release and on the Company's website at https://hut8.com/investors/ on August 13, 2024. The conference call and webinar will begin at 8:30 a.m. ET. Where: T
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. Shenif Visram will be stepping down from his role as CFO for personal, family-related reasons. Visram will remain with the Company until Glennan assumes his role to oversee an orderly t
MIAMI, June 27, 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, is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective at the open of U.S. equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted June 21st, 2024. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of Tuesday, April 30th, 2024, ranking them by total market capitalization. Membership in the U.S. all-cap Ru
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 12, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Hut 8 Corp. (NASDAQ:HUT) investors that a lawsuit was filed on behalf of investors that purchased Hut securities between November 9, 2023 and January 18, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover thei
H.C. Wainwright upgraded Hut 8 Mining from Sell to Buy and set a new price target of $13.50 from $7.50 previously
Craig Hallum upgraded Hut 8 Mining from Hold to Buy and set a new price target of $12.00
The Benchmark Company initiated coverage of Hut 8 Mining with a rating of Buy and set a new price target of $12.00
18.5 EH/s and 762 MW under management in mining Energized Building 1 at Cedarvale MIAMI, 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 from our current fleet remains a priority while we continue to plan a thoughtfully structured fleet upgrade to next-generation ASICs. Reactor, our curtailment software, enabled us to m
CHARLOTTE, N.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), and Berry Global Group, Inc. (NYSE:BERY) today announce additional director designees for the board of directors for the combined company. The new directors will be appointed and will begin serving as directors effective upon the closing of the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films ("HHNF") business with Glatfelter. As previously disclosed, upon closing of the transaction, the combined company will be renamed Magnera Corporation ("Magnera"). The Magnera board of directors ("Magnera Board") will consist of nine directors, with five directors designated by Be
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 results this quarter reflect the ambitious restructuring program we set in motion six months ago," said Asher Genoot, CEO of Hut 8. "Despite the network halving, gross margins in our Digita
In a remarkable display of resilience and growth, TeraWulf Inc. (NASDAQ:WULF) and Hut 8 Corp. (NASDAQ:HUT) have emerged as standout performers in the small-cap crypto mining sector, each delivering impressive year-to-date returns of over 40%. TeraWulf Stock Up 128%: Sustainable Bitcoin Mining TeraWulf has not only achieved a remarkable 128.75% YTD gain but also recently demonstrated its financial strength by eliminating all outstanding debt. The company currently has a market capitalization of $1.83 billion. “Our business's profitability and strong cash generation have allowed us to successfully retire the remaining debt ahead of schedule,” stated Patrick Fleury, CFO of TeraWulf.
Hut 8 Corp. (NASDAQ:HUT) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000. The Details: Bitcoin has rallied nearly 6% over the past 24 hours as investors interpret the increasing odds of a second term for former President Donald Trump as a positive development for cryptocurrencies. Shares of Bitcoin miners and crypto-related stocks climbed higher Monday across the board. On-chain analytics firm Santiment interpreted the rally as the market’s “bullish bias” toward a pro-Trump development. “It goes without saying that surviving an assassination attempt is perceived as pro-Trump news. Therefore, bullish responses have occurred as a result,” Sant
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener