HUT - Hut 8 Corp.
BlackRock Inc. purchased a new stake in Hut 8 Corp. (NASDAQ: HUT) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,470,255 shares of the company's stock, valued at approximately $1,093,294,000. BlackRock Inc. owned about 7.68% of Hut 8
NEW YORK, Aug. 21, 2026 /PRNewswire/ -- /PR Newswire/ – Pomerantz LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of securities of Hut 8 Corp.(NASDAQ: HUT): UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE HUT 8 CORP. SECURITIES LITIGATION Case No.
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On August 13, 2026, Hut 8 Corp (HUT) shares fell 8.6% to $82.95, continuing a downward trend after a 16.4% drop over the past month. The stock has exhibited sig
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The neocloud group is bouncing back midday Tuesday after a brutal stretch. Shares of TeraWulf (NASDAQ:WULF) are up 4% to $17, Hut 8 (NASDAQ:HUT) leads the group with a 7% gain to $91, Galaxy Digital (NASDAQ:GLXY | GLXY Price Prediction) is higher by 4% at $20, and Core Scientific (NASDAQ:CORZ) is up 4% to $20.
California State Teachers Retirement System lifted its holdings in Hut 8 Corp. (NASDAQ: HUT) by 21.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 114,909 shares of the company's stock after buying an additional 20,469 shares during the quarter. California State Teachers
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Hut 8 Corp. (NASDAQ: HUT - Get Free Report) fell 8.3% on Wednesday following a dissappointing earnings announcement. The stock traded as low as $92.57 and last traded at $92.76. 4,663,595 shares traded hands during trading, a decline of 3% from the average daily volume of 4,817,364 shares. The stock had previously closed at $101.16. The
Hut 8 (NASDAQ: HUT) reported second-quarter 2026 revenue growth and improved adjusted EBITDA as its compute operations expanded, while management highlighted progress on its AI data center development projects and project-level financing strategy. Revenue rose approximately 81% year over year to $74.9 million, while cost of revenue increased about 23%, producing gross profit of roughly $48
Hut 8 maintains a 'Buy' rating after a 108% stock rise, driven by significant data center contract wins and robust sector momentum. HUT has secured 949 MW under 15-year triple-net contracts, totaling $26.6 billion in backlog and projected $1.75 billion average annual NOI. Recent $7.5 billion in non-convertible debt financing eliminates near-term dilution risk and supports ongoing data center buildout.
Shares of Hut 8 Corp (NASDAQ:HUT) were down on Wednesday, after the company reported its second-quarter results.
Hut 8 remains a Buy as the market overlooks transformative Beacon Point Phase 2 commercialization and $7.5B in non-recourse, investment-grade project financing. The contracted portfolio now totals 949 MW of IT capacity, a $26.6B base-term value, and $1.75B+ expected annual NOI, all behind investment-grade tenants. The valuation framework supports a raised price target of $280, reflecting $240 per share on a contracted base and $40 of pipeline optionality.
Hut 8 Corp. is transitioning from a bitcoin miner to a power-first, AI-focused infrastructure platform, emphasizing long-term, contracted cash flows. Despite a weak 2Q26 print and GAAP losses driven by bitcoin mark-to-market volatility, HUT's adjusted EBITDA improved and gross margins expanded to 64%. HUT secured $7.5 billion in non-recourse, investment-grade project financing, enabling large-scale campus buildouts without equity dilution or parent-level debt.
Shares of Hut 8 Corp. (NASDAQ: HUT - Get Free Report) gapped down prior to trading on Tuesday following a dissappointing earnings announcement. The stock had previously closed at $112.08, but opened at $103.51. Hut 8 shares last traded at $103.0050, with a volume of 1,316,089 shares trading hands. The company reported ($1.27) EPS for the
Hut 8 Corp. (HUT) Q2 2026 Earnings Call Transcript
Hut 8 NASDAQ: HUT reported second-quarter 2026 revenue growth and improved adjusted EBITDA as its compute operations expanded, while management highlighted progress on its AI data center development projects and project-level financing strategy.