Total P&L
+3,057.98%
Total profit/loss on Bitcoin holdings
Average Cost per BTC
$3,629
Average price paid for each Bitcoin
Share Price
$22.31
Current trading price per share
Market Cap
$2,000M
Total market capitalization
Enterprise Value
$2,000M
Market cap plus debt minus cash
NAV Multiple
1.914
Net Asset Value multiplier
BTC / Market Cap
52.2%
Bitcoin holdings as % of market cap
About Hut 8 Mining Corp
Hut 8 Mining Corp, listed on Nasdaq and the Toronto Stock Exchange with the ticker HUT, is a leading Bitcoin mining and digital infrastructure company based in Miami, Florida. Founded in 2018 in Canada, Hut 8 emerged as a pioneer in cryptocurrency mining, leveraging the country’s abundant hydroelectric power. Its core operations focus on operating energy-efficient mining facilities, providing high-performance computing services, and developing advanced data center infrastructure to support blockchain technologies.
The company employs a Bitcoin treasury strategy, retaining mined Bitcoin as a strategic reserve to preserve long-term value and hedge against inflation. This approach integrates Bitcoin into its corporate finance framework, aligning with its mining expertise. Beyond treasury management, Hut 8 pursues broader digital asset strategies, offering hosting and managed services for third-party miners and exploring blockchain-based solutions for industries like AI and machine learning, enhancing its role in the digital economy.
Led by CEO Asher Genoot, a seasoned technology executive, Hut 8 maintains a strong industry presence through strategic partnerships and acquisitions, such as data center expansions in North America. Its commitment to sustainable energy and operational excellence positions it as a key player in the Bitcoin ecosystem. By scaling infrastructure and innovating in digital asset services, Hut 8 ensures long-term relevance in the evolving landscape of decentralized finance and computing.
Recent Developments
- Aug 8, 2025: Bitcoin holdings increased by 394.00 BTC to 10667 BTC with cost basis of $38.7M (BTC @ $117.5K), stock price $20.02
- Mar 10, 2025: Bitcoin holdings increased by 65.00 BTC to 10273 BTC (BTC @ $81K), stock price $13.51
- Feb 5, 2025: Bitcoin holdings increased by 37.00 BTC to 10208 BTC (BTC @ $97.8K), stock price $21.57
- Jan 11, 2025: Bitcoin holdings increased by 75.00 BTC to 10171 BTC (BTC @ $94.4K), stock price $23.40
- Dec 19, 2024: Bitcoin holdings increased by 974.00 BTC to 10096 BTC (BTC @ $100.2K), stock price $26.13
Hut 8 Mining Corp — Bitcoin Holdings Over Time
1y - Present
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Hut 8 Mining Corp — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History