Earnings summaries and quarterly performance for Hut 8.
Executive leadership at Hut 8.
Board of directors at Hut 8.
Research analysts who have asked questions during Hut 8 earnings calls.
George Sutton
Craig-Hallum
7 questions for HUT
Also covers: ACIW, AEYE, AGYS +26 more
John Todaro
Needham & Company
7 questions for HUT
Also covers: APLD, BTDR, CAN +12 more
Joseph Vafi
Canaccord Genuity - Global Capital Markets
7 questions for HUT
Also covers: ADV, ALIT, ASGN +20 more
Bill Papanastasiou
Keefe, Bruyette & Woods (KBW)
4 questions for HUT
Also covers: ARBK, BITF, BLSH +11 more
Brian Dobson
Chardan Capital Markets
4 questions for HUT
Also covers: ABTC, BITF, BTBT +9 more
Chris Brendler
Rosenblatt Securities
4 questions for HUT
Also covers: ABTC, BLSH, BULL +6 more
Michael Colonnese
H.C. Wainwright & Co.
4 questions for HUT
Also covers: BITF, BTDR, BTM +7 more
Nick Giles
B. Riley Securities
4 questions for HUT
Also covers: AA, AMR, APLD +25 more
Stephen Glagola
JonesTrading
4 questions for HUT
Also covers: BITF, CLSK, CORZ +5 more
Mike Colonnese
H.C. Wainwright & Co., LLC
3 questions for HUT
Also covers: ARBK, BITF, BTM +1 more
Patrick Moley
Piper Sandler & Co.
3 questions for HUT
Also covers: BGC, CBOE, CME +17 more
Ben Sommers
BTIG
2 questions for HUT
Also covers: WKHS
Brett Knoblauch
Cantor Fitzgerald & Co.
2 questions for HUT
Also covers: APLD, AVPT, BITF +18 more
Brian Vieten
Needham & Company
2 questions for HUT
Also covers: BULL, CMPO, ETOR
Darren Aftahi
Roth Capital Partners
2 questions for HUT
Also covers: ALRM, ANTA, APLD +17 more
Gregory Lewis
BTIG, LLC
2 questions for HUT
Also covers: BLBD, BTDR, CIFR +26 more
Matthew Galinko
Maxim Group
2 questions for HUT
Also covers: ADEA, ALMU, ARBE +12 more
Mike Grondahl
Lake Street Capital Markets
2 questions for HUT
Also covers: ABL, ACCS, APLD +34 more
Paul Golding
Macquarie Capital
2 questions for HUT
Also covers: CIFR, CLSK, CORZ +11 more
Dillon
ROTH Capital Partners
1 question for HUT
Dillon Offer
Roth Capital Partners
1 question for HUT
Josh Siegler
Cantor Fitzgerald
1 question for HUT
Also covers: IREN, MIGI, MSPR
Patrick Molley
Piper Sandler
1 question for HUT
Also covers: COIN
Recent press releases and 8-K filings for HUT.
Hut 8 Corp. Announces $7.0 Billion AI Data Center Lease with Google Backstop
HUT
New Projects/Investments
Debt Issuance
Revenue Acceleration/Inflection
- Hut 8 Corp. has secured a 15-year, $7.0 billion lease agreement with Fluidstack for 245 megawatts (MW) of IT capacity at its River Bend data center campus in Louisiana, with Google providing a financial backstop for lease payments and related obligations.
- This lease is projected to generate a cumulative $6.9 billion in Net Operating Income (NOI) over the base term, averaging $454 million annually.
- The initial data hall at River Bend is scheduled for completion and commissioning in Q2 2027, with project-level financing of up to 85% loan-to-cost (LTC) expected from J.P. Morgan and Goldman Sachs.
- The River Bend project advances 330 MW of utility capacity to Hut 8's "Energy Capacity Under Construction" category, contributing to a total energy capacity of 9,520 MW across all stages as of December 17, 2025.
7 hours ago
Hut 8 Secures Major AI Data Center Lease and Strategic Pivot
HUT
New Projects/Investments
Revenue Acceleration/Inflection
- Hut 8 has signed a 15-year, triple-net lease with Fluidstack for 245 MW of AI data center IT capacity at its River Bend campus in Louisiana, valued at approximately $7 billion for the base term and potentially up to $17.7 billion with renewal options.
- The agreement, which will host high-performance compute clusters for Anthropic, is financially backstopped by Google for base term lease payments, with J.P. Morgan and Goldman Sachs expected to underwrite project financing.
- Hut 8 anticipates first commissioning in early/Q2 2027 and projects cumulative net operating income of roughly $6.9 billion from the lease, signaling a strategic pivot from bitcoin mining to power-first AI infrastructure.
14 hours ago
Hut 8 Signs AI Data Center Lease
HUT
New Projects/Investments
Guidance Update
Debt Issuance
- Hut 8 has signed a 15-year, $7.0 billion lease with Fluidstack for 245 megawatts (MW) of IT capacity at its River Bend data center campus in Louisiana.
- The lease includes a 3.0% annual base rent escalator and has a potential contract value of approximately $17.7 billion if all renewal options are exercised.
- Google is providing a financial backstop covering the lease payments and related pass-through obligations.
- The transaction is expected to contribute $6.9 billion in cumulative Net Operating Income (NOI) over the base lease term, translating to an average annual NOI contribution of $454 million.
- The initial data hall at River Bend is scheduled for completion and commissioning in Q2 2027.
17 hours ago
Hut 8 announces AI infrastructure partnership with Anthropic and Fluidstack
HUT
New Projects/Investments
Partnerships / Collaborations
- Hut 8 has formed an AI infrastructure partnership with Anthropic and Fluidstack.
- The partnership aims for Hut 8 to deliver and deploy at least 245 MW and up to 2,295 MW of AI data center infrastructure for Anthropic.
- The initial deployment (Tranche 1) will be 245 MW of IT capacity at Hut 8's River Bend Campus in Louisiana, supported by 330 MW of utility capacity.
- The partnership also includes a Right of First Offer for up to 1,000 MW of additional IT capacity at River Bend and the potential to jointly develop up to 1,050 MW across multiple sites in the United States.
- Anthropic anticipates bringing additional capacity online by early 2027.
18 hours ago
Hut 8 Announces AI Infrastructure Partnership
HUT
New Projects/Investments
- Hut 8 Corp. has announced a partnership with Anthropic and Fluidstack to accelerate the deployment of hyperscale AI infrastructure in the United States.
- This collaboration involves Hut 8 developing and delivering at least 245 megawatts (MW) and up to 2,295 MW of AI data center infrastructure for Anthropic, structured across multiple tranches.
- The initial phase will establish 245 MW of IT capacity at Hut 8's River Bend campus in Louisiana, with additional capacity expected online by early 2027.
18 hours ago
Hut 8 Corp. announces sale of 310 MW power portfolio to TransAlta
HUT
M&A
New Projects/Investments
- Hut 8 Corp. entered into a definitive share purchase agreement with TransAlta Corporation for the sale of its 310-megawatt portfolio of four natural gas-fired power plants in Ontario.
- The transaction, announced on November 17, 2025, follows a program where Hut 8 stabilized and strengthened the portfolio, securing five-year capacity contracts through the Ontario IESO Medium-Term 2 (MT2) auction.
- Hut 8 plans to prioritize capital allocation toward large-scale digital infrastructure development opportunities, as the power plants are not core to its current strategy or capital plan.
Nov 17, 2025, 11:48 AM
Hut 8 Announces Sale of 310 MW Power Portfolio to TransAlta
HUT
M&A
New Projects/Investments
- Hut 8 Corp. (HUT) has entered into a definitive agreement to sell its 310-megawatt portfolio of four natural gas-fired power plants in Ontario to TransAlta Corporation (TAC).
- The transaction concludes a multi-phase program by Hut 8 to stabilize and strengthen the Portfolio, which included securing five-year capacity contracts across all four sites through the Ontario IESO Medium-Term 2 auction.
- Hut 8 intends to prioritize capital allocation from this sale towards large-scale digital infrastructure development opportunities, as these facilities are not core to its current strategy or capital plan.
Nov 17, 2025, 11:30 AM
Hut 8 Reports Strong Q3 2025 Financial Results and Major Expansion Initiative
HUT
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Hut 8 reported significant financial growth in Q3 2025, with revenue of $83.5 million, a 91% year-over-year increase, and adjusted EBITDA of $109 million, up from $5.6 million in the prior year period. This growth was primarily driven by the expansion of Bitcoin mining revenue through its consolidated subsidiary, American Bitcoin.
- The company achieved a net income of $50.6 million in Q3 2025, compared to $900,000 in the prior year, benefiting from a $76.6 million gain on digital assets.
- Strategically, Hut 8 launched its largest expansion initiative to date, adding 1,530 megawatts of utility capacity across four U.S. locations, which could more than double its platform scale. The company also increased its total hash rate to approximately 26.8 exahash, with American Bitcoin contributing about 25 exahash.
- At quarter-end, Hut 8 held 13,696 Bitcoin in reserve, with a market value of approximately $1.6 billion, and strengthened its capital position with a new $200 million revolving credit facility and a $1 billion at-the-market equity program.
Nov 4, 2025, 1:30 PM
Hut 8 Reports Strong Q3 2025 Financial Results and Major Expansion Initiatives
HUT
Earnings
New Projects/Investments
Debt Issuance
- Hut 8 reported significant financial growth in Q3 2025, with revenue of $83.5 million, a 91% year-over-year increase, and Adjusted EBITDA of $109 million.
- Net income reached $50.6 million, primarily due to a $76.6 million gain on Digital Assets.
- The company's total hash rate expanded to approximately 26.8 exahash, largely driven by American Bitcoin, and it maintained a strategic Bitcoin reserve of 13,696 Bitcoin, valued at approximately $1.6 billion at quarter end.
- Hut 8 initiated a major expansion with 1,530 MW of new utility capacity across four U.S. locations and enhanced its capital structure with a new $1 billion at-the-market equity program and a $200 million revolving credit facility.
Nov 4, 2025, 1:30 PM
Hut 8 Reports Strong Q3 2025 Results and Announces Major Expansion
HUT
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Hut 8 reported robust Q3 2025 financial results, with revenue of $83.5 million, a 91% year-over-year increase, and net income of $50.6 million. Adjusted EBITDA significantly rose to $109 million.
- The compute segment revenue surged more than fivefold year-over-year to $70 million, largely driven by its consolidated subsidiary, American Bitcoin, which contributed $54.3 million in incremental Bitcoin mining revenue. American Bitcoin reported $64 million in revenue with a 56% margin in its first quarter.
- The company initiated its largest expansion to date, adding 1,530 megawatts of utility capacity across four U.S. locations, aiming to more than double its platform scale.
- Hut 8 maintains a strong financial foundation, holding 13,696 Bitcoin in reserve valued at approximately $1.6 billion, and secured a $200 million revolving credit facility along with a new $1 billion at-the-market equity program.
Nov 4, 2025, 1:30 PM
Quarterly earnings call transcripts for Hut 8.
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