Hut 8 Mining Corp Stock News

Hut 8 reported $43.7 million in top-line revenue for third quarter 2024. Breaking revenue out by segment, 'Managed Services' had the largest nominal increase - mainly attributed to a $13.5 million payment from MARA. Digital Mining revenue was down 25% year over year and HPC revenue came in at just $3.4 million.

Hut 8 Corp. (NASDAQ:HUT ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Asher Genoot - CEO Sean Glennan - CFO Conference Call Participants Mark Palmer - The Benchmark Company George Sutton - Craig-Hallum Capital Group Mike Colonnese - HC Wainwright John Todaro - Needham Operator Good morning, and welcome to Hut 8 Q3 2024 Financial Results Conference Call. Af...

Strategic initiatives drive revenue growth, balance sheet strength, and competitive position across AI compute and Bitcoin mining Strategic initiatives drive revenue growth, balance sheet strength, and competitive position across AI compute and Bitcoin mining

Bitcoin stock Hut 8 surged past a buy point Monday, but the company's earnings report is due out Wednesday. The post Bitcoin Stock Hut 8 Soars Past Buy Point, But Earnings Loom appeared first on Investor's Business Daily.

The price of bitcoin hit a record of just shy of $75,000 Tuesday night. Industry pros look for $100k in 2025.

Upgrade expected to improve average fleet efficiency from 31.7 to 19.9 J/TH and increase self-mining hashrate by ~66%

20.1 EH/s and 967 MW under management in mining with path to ~35 EH/s Vega site buildout advancing on track for Q2 2025 energization MIAMI, Nov. 05, 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 upd...

Bitcoin trends toward $69,000, cryptocurrency stocks jump. Analysts initiate coverage of miners transitioning to AI.