Hut 8 Corp. operates as a Bitcoin miner that focuses on mining. The company is headquartered in Miami, Florida and currently employs 219 full-time employees. The company went IPO on 2012-04-10. The firm is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The firm acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The firm operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.
Follow-Up Questions
What is Hut 8 Corp (HUT)'s P/E Ratio?
The P/E ratio of Hut 8 Corp is 15.8753
What is the price performance of HUT stock?
The current price of HUT is $49.25, it has increased 2.38% in the last trading day.
What are the primary business themes or industries for Hut 8 Corp?
Hut 8 Corp belongs to Technology industry and the sector is Information Technology
What is Hut 8 Corp market cap?
Hut 8 Corp's current market cap is $4.6B
Is Hut 8 Corp a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Hut 8 Corp, including 1 strong buy, 9 buy, 1 hold, 0 sell, and 1 strong sell
