Revenue segments as reported by the company.

Digital assets mined

Managed Services

High performance computing

Other

Hosting fees

Interest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Depreciation and amortization

General and administrative

Impairment of cryptocurrency

Realized gain on sale of cryptocurrency

Gain on disposition of digital assets

Loss on sale of property and equipment

Impairment of mining infrastructure and servers

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Hut 8 Mining Corp

Hut 8 Mining Corp. is a cryptocurrency mining and blockchain infrastructure company, which is focused solely on mining bitcoin. It provides investors with direct access to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency. The company was founded by Andrew Kiguel on June 9, 2011 and is headquartered in Toronto, Canada.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hut 8 Corp. operates as a Bitcoin miner that focuses on mining. It provides digital asset mining, hosting, and managed infrastructure operation services. The company was founded on January 27, 2023 and is headquartered in Miami, FL.

Funding will accelerate growth in Hut 8's data center portfolio; Reinforces Hut 8's position as a market leader in sourcing, developing, and operating energy infrastructure Funding will accelerate growth in Hut 8's data center portfolio; Reinforces Hut 8's position as a market leader in sourcing, developing, and operating energy infrastructure

Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform

Hut 8 (HUT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Hut 8 (HUT): Can Its 8.8% Jump Turn into More Strength?

Coinbase

Robinhood

Interactive Brokers

NVIDIA

Stocks like Interactive Brokers Group, Inc. (IBKR), Coinbase Global, Inc. (COIN), NVIDIA Corporation (NVDA), Robinhood Markets, Inc. (HOOD) and Hut 8 Mining Corp. (HUT) are likely to benefit once the Bitcoin rally resumes.

Buy These 5 Crypto Stocks Before the Next Bitcoin Rally

We have narrowed our search to five bitcoin-oriented stocks that have strong potential for the rest of 2024. These are: NVDA, COIN, HOOD, HUT, IBKR.

Accumulate Bitcoin From a Long-Term Perspective: 5 Picks

ProShares Bitcoin Strategy ETF

Marathon Digital Holdings

MicroStrategy Incorporated

Riot Blockchain

With Bitcoin back above $70,000, it's fueling upside for some of the top crypto stocks to buy. That includes MicroStrategy (NASDAQ:MSTR).

Wall Street Loves These Crypto Stocks: 7 to Buy Today

Valkyrie Bitcoin Miners ETF

For many, investing directly in cryptocurrencies can seem inherently risky. After all, most cryptos don't have much backing for their value beyond investor interest.

3 Crypto Mining Stocks to Buy for Bitcoin-Sized Gains

The consensus price target hints at a 28.1% upside potential for Hut 8 (HUT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 28.14% Upside in Hut 8 (HUT): Can the Stock Really Move This High?

AMC Entertainment

Meta Materials

A couple of weeks ago, there was significant activity (particularly in media coverage) regarding the seeming resurgence of meme stocks. The classics of the meme mania, AMC Entertainment (NYSE: AMC ) and GameStop (NYSE: GME ), rocketed higher.

Meme Stock Madness: 3 Overcooked Stocks to Offload Now

CleanSpark

We have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. These are: COIN, HOOD, HUT, NVDA, CLSK.

Buy 5 Bitcoin-Centric Stocks to Enhance Your Portfolio

Carvana

Digital World Acquisition Corp

Mullen Automotive

Plug Power

Virgin Galactic

In this article, we delve into the world of meme stocks and explore the insights provided by cutting-edge AI algorithms. These advanced systems have analyzed market trends, and company fundamentals, to identify seven meme stocks to sell according to AI.

Rejected by Robots: AI Thinks You Should Sell These 7 Meme Stocks Now

The consensus price target hints at a 33.7% upside potential for Hut 8 (HUT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Hut 8 (HUT) Could Surge 33.73%: Read This Before Placing a Bet

Block

We have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. These are: COIN, HUT, HOOD, SQ, CLSK.

5 Bitcoin-Centric Stocks to Buy to Gain From the Next Rally

Bitcoin was up over 10% as risk-taking was back in the market this week. Stocks that leverage Bitcoin's moves had a great week as a result.

Bitcoin and Crypto Stocks Popped Again This Week

Hut 8 Corporation (NASDAQ:HUT ) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Asher Genoot - Chief Executive Officer Shenif Visram - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity Bill Papanastasiou - Stifel George Sutton - Craig Hallum John Todaro - Needham Mike Colonnese - HC Wainwright Operator Good morning and welcome to Hut 8's Q1 2024 financial results conference call. After today's presentation, there will be an opportunity to ask questions.

Hut 8 (HUT) Q1 2024 Earnings Call Transcript

Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million

Hut 8 Reports First Quarter 2024 Results

Cipher Mining

Terawulf

Over the last few weeks, Bitcoin ( BTC-USD ) plummeted from a high of $71.618 to a recent low of $56.814. Diving along with it were some of the top crypto mining stocks.

7 Crypto Mining Stocks That Could Make You a Fortune (If You Dare)

26.6 EH/s and 1.2 GW under management Salt Creek site fully energized and Cedarvale site partially energized MIAMI, May 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 April 2024. “Amidst the backdrop of the halving, the operational capabilities of our team enabled us to maximize deployed hashrate as we completed the relocation of our fleet from hosted to owned facilities and brought new capacity online,” said Asher Genoot, CEO of Hut 8.

Hut 8 Operations Update for April 2024

Bit Digital, Inc

Core Scientific Inc

Hive Blockchain Technologies Ltd

Bitcoin miners are facing a significant change to their overall business models given that the halving has slashed their mining rewards in half. To make up any revenue shortfall, smaller Bitcoin miners appear to be exploring a move into AI computing.

After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?

Hut 8 Corp. is a high-growth cryptocurrency stock with potential for investors looking to diversify their portfolio. The fear of halved rewards since bitcoin halving could actually benefit Hut 8 due to increased demand and reduced competition. Despite challenges such as the recent halving and a shareholder lawsuit, Hut 8 is in a stronger position with a new CEO focused on efficiency and regaining shareholder trust.

HUT 8: A Cryptocurrency Stock With High Growth Potential

MIAMI, April 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 review first quarter results via a conference call on Wednesday May 15, 2024. Who: Analysts, media, and investors are invited to attend.

Media Advisory: Hut 8 to Release Q1 2024 Results May 15

Bitfarms Ltd

Bitdeer Technologies Group

Bitcoin (BTC) is the pioneering cryptocurrency that has revolutionized the fintech sector since its inception in 2009. Underpinning this digital currency is a decentralized ledger known as the blockchain, which records all transactions and ensures the system's integrity.

Beyond the Halving: The Future of Bitcoin Mining Stocks

Keep an eye on Bitcoin mining stocks, especially with the halving on April 20. Granted, the halving event will halve the Bitcoin ( BTC-USD ) miners can earn from validating transactions.

Bitcoin Halving Playbook: 3 Mining Stocks to Buy for Crypto Profits

TORONTO--(BUSINESS WIRE)--SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Canadian investors who have incurred losses as a result of their Hut 8 stock holdings. If you acquired Hut 8 shares, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The investigation arises from alleged misrepresentations in.

Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)

Greenfield site energized in 78 days, less than three months after breaking ground; Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profile Greenfield site energized in 78 days, less than three months after breaking ground; Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profile

Hut 8 optimizes self-mining operations as miners come online at Salt Creek

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/hut-8-lawsuit-submission-form?prid=74820&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Lawsuit - HUT

News for Hut 8 Mining Corp Stock (HUT)