Craig Hallum upgraded Hut 8 Mining from Hold to Buy and set a new price target of $12.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/14/2025 | $18.00 | Buy | BTIG Research |
| 3/7/2025 | $23.00 | Buy | Rosenblatt |
| 1/8/2025 | Outperform | Keefe Bruyette | |
| 12/17/2024 | $33.00 | Overweight | Piper Sandler |
| 12/9/2024 | $35.00 | Overweight | Cantor Fitzgerald |
| 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 |
SC 13G/A - Hut 8 Corp. (0001964789) (Subject)
SC 13G/A - Hut 8 Corp. (0001964789) (Subject)
SC 13G - Hut 8 Corp. (0001964789) (Subject)
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 day at 8:30 a.m. ET. Conference Call and Webcast Details Date: Thursday, May 8, 2025Time: 8:30 a.m. ET Investors can join the live webcast here. Analysts can register here. Supplemen
102% increase in deployed hashrate from an average of 4.6 EH/s in February 2025 to 9.3 EH/s as of the end of March 2025 31% improvement in fleet efficiency from an average of 29.3 J/TH in February 2025 to 20.1 J/TH as of the end of March 2025 Launch of American Bitcoin in partnership with Eric Trump MIAMI, April 04, 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 released its operations update for March 2025. "This month, we achieved strong a
American Bitcoin Highlights American Bitcoin aims to become the world's largest, most efficient pure-play miner while building a robust strategic Bitcoin reservePath to 50+ EH/s at average fleet efficiency of <15 J/TH with goal of becoming a publicly listed company 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 exc
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 day at 8:30 a.m. ET. Conference Call and Webcast Details Date: Thursday, May 8, 2025Time: 8:30 a.m. ET Investors can join the live webcast here. Analysts can register here. Supplemen
American Bitcoin Highlights American Bitcoin aims to become the world's largest, most efficient pure-play miner while building a robust strategic Bitcoin reservePath to 50+ EH/s at average fleet efficiency of <15 J/TH with goal of becoming a publicly listed company 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 exc
Fortified balance sheet, optimized operations, disciplined growth initiatives, and strategic hires set foundation for 2025 12,300 MW development pipeline with 2,800 MW under exclusivity as of December 31, 2024 Earnings Release Highlights Full year 2024 revenue of $162.4 million, net income of $331.4 million, and Adjusted EBITDA of $555.7 million.Fourth quarter 2024 energy cost per megawatt-hour ("MWh") of $31.63, a 30% decrease from the fourth quarter of 2023.Total energy capacity under management of 1,020 megawatts ("MW") as of December 31, 2024.12,300 MW development pipeline with 2,800 MW of capacity under exclusivity as of December 31, 2024.Strategic Bitcoin reserve of 10,171 Bit
4 - Hut 8 Corp. (0001964789) (Issuer)
4 - Hut 8 Corp. (0001964789) (Issuer)
3 - Hut 8 Corp. (0001964789) (Issuer)
BTIG Research initiated coverage of Hut 8 Mining with a rating of Buy and set a new price target of $18.00
Rosenblatt initiated coverage of Hut 8 Mining with a rating of Buy and set a new price target of $23.00
Keefe Bruyette initiated coverage of Hut 8 Mining with a rating of Outperform
8-K - Hut 8 Corp. (0001964789) (Filer)
8-K - Hut 8 Corp. (0001964789) (Filer)
8-K - Hut 8 Corp. (0001964789) (Filer)
Jaime Leverton, Doug Mouton and Michael Turner to Join the Board and Bring Directly Applicable AI/HPC Conversion, Data Center and Real Estate Experience Retains Evercore and Northland Capital to Lead Engagement with Potential AI/HPC Partners Following Increased Inbound Interest Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, today announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the "Board"). The three new directors were selected through a comprehensive process conducted by the Board's Governance and Nominating Committee, with constructive, independent input fr
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