Hut 8 Corp. HUT

$25.92 10.3918
Market Cap
2425622112
Volume
7979003
Shares
93581100
Exchange
NASDAQ
Employees
219

About Hut 8 Corp. (HUT)

Hut 8 Corp. (NASDAQ: HUT) is a leading digital asset mining company, recognized for its robust infrastructure and diversified business model. With a total of 1.2 GW of energy capacity under management across North America, Hut 8 operates cutting-edge Bitcoin mining facilities and high-performance computing (HPC) data centers. The company leverages its proprietary technology, including the Reactor energy curtailment software, to optimize operational efficiency and drive significant cost savings. Hut 8’s operations boast an installed hash rate of 18 EH/s as of July 2024, positioning the company as a key player in the Bitcoin mining industry. Additionally, Hut 8 has expanded its services to include managed hosting and HPC solutions, offering colocation and cloud services to a growing customer base. With a strong, liquid balance sheet and a strategic focus on non-dilutive growth, Hut 8 is committed to maximizing shareholder value through disciplined capital allocation and innovative energy infrastructure development. As the company continues to scale, Hut 8 is poised to capture significant upside in emerging markets like AI, while maintaining a strong presence in the Bitcoin mining sector.

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