Hut8

Hut8

Hut 8 Mining - Global Cryptocurrency Mining Leadership.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

Valuation: €0.0

5.8x EV/Revenue

-3.2x EV/EBITDA

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€0.0

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€0.0

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*
N/A

$1.0b

Post IPO Equity
Total Funding000k
Stifel
Stifel(exited)
BitFury
BitFury(exited)
Coinbase
Coinbase(exited)
US Bitcoin
US Bitcoin(exited)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2018201920202021202220232024
Revenues0000000000000000000000000000
% growth(67 %)66 %(50 %)327 %(42 %)11 %718 %
EBITDA0000000000000000000000000000
% EBITDA margin(180 %)37 %(6 %)43 %23 %22 %78 %
Profit0000000000000000000000000000
% profit margin(277 %)3 %47 %(42 %)(43 %)(80 %)49 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

Notes (0)
More about Hut8
Made with AI
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Hut 8 is a company that operates in the digital asset mining and high-performance computing infrastructure sectors. The company has a diversified business model, with operations in both digital asset mining and enterprise-grade technology solutions.

Hut 8's digital asset mining operations are focused on mining Bitcoin. The company has a significant fleet of mining equipment and operates several mining sites. The company's mining operations are vertically integrated, with Hut 8 managing its own power and infrastructure. This allows the company to control its costs and optimize its mining operations for profitability.

Hut 8 also provides enterprise-grade technology solutions to a variety of clients. These solutions include cloud and colocation services, as well as high-performance computing infrastructure. The company's data centers are designed to meet the needs of enterprise clients, with a focus on security, reliability, and scalability.

Hut 8's business model is based on a combination of digital asset mining and enterprise technology services. This diversification allows the company to mitigate the risks associated with the volatile cryptocurrency market, while also capitalizing on the growing demand for high-performance computing infrastructure.

Keywords: digital asset mining, high-performance computing, data center infrastructure, cloud services, colocation, Bitcoin mining, enterprise technology, energy infrastructure, compute at scale, digital infrastructure

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Investments by Hut8

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