Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
922056803
Latest filings (excl ownership)
8-K
Hut 8 Reports Second Quarter 2024 Results
13 Aug 24
10-Q
2024 Q2
Quarterly report
13 Aug 24
8-K
Hut 8 Announces New Chief Financial Officer
6 Aug 24
8-K
Entry into a Material Definitive Agreement
24 Jun 24
8-K
Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform
24 Jun 24
8-K
Hut 8 Reports First Quarter 2024 Results
15 May 24
10-Q
2024 Q1
Quarterly report
15 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
Transcripts
Earnings call transcript
2024 Q1
15 May 24
Earnings call transcript
2023 Q4
28 Mar 24
Earnings call transcript
2023 Q3
14 Nov 23
Earnings call transcript
2023 Q2
14 Aug 23
Earnings call transcript
2023 Q2
14 Aug 23
Earnings call transcript
2023 Q1
11 May 23
Earnings call transcript
2022 Q4
9 Mar 23
Earnings call transcript
2022 Q4
9 Mar 23
Earnings call transcript
2022 Q3
10 Nov 22
Earnings call transcript
2022 Q2
11 Aug 22
Latest ownership filings
4
Sean Joseph Glennan
23 Aug 24
3
Sean Joseph Glennan
23 Aug 24
4
Joseph Flinn
19 Aug 24
144
Notice of proposed sale of securities
16 Aug 24
4
MAYO A SHATTUCK III
14 Aug 24
4
Amy Marie Wilkinson
13 Aug 24
4
WILLIAM TAI
13 Aug 24
4
Rick Rickertsen
13 Aug 24
4
E STANLEY ONEAL
13 Aug 24
4
Joseph Flinn
13 Aug 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Sep 23 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
---|---|---|---|---|---|---|
Cash on hand (at last report) | 176.10 mm | 176.10 mm | 176.10 mm | |||
Cash burn (monthly) | (no burn) | 28.90 mm | 5.45 mm | |||
Cash used (since last report) | n/a | 87.78 mm | 16.55 mm | |||
Cash remaining | n/a | 88.32 mm | 159.54 mm | |||
Runway (months of cash) | n/a | 3.1 | 29.3 |
Institutional ownership, Q2 2024
55.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 141 |
Opened positions | 57 |
Closed positions | 18 |
Increased positions | 36 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 594.00 bn |
Total shares | 50.25 mm |
Total puts | 4.59 mm |
Total calls | 7.59 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Coatue Management | 9.15 mm | $137.15 mm |
BLK BlackRock | 6.27 mm | $94.03 bn |
Vanguard | 5.60 mm | $83.99 bn |
Moore Capital Management | 3.14 mm | $47.05 bn |
Castle Hook Partners | 2.49 mm | $37.34 bn |
STT State Street | 2.43 mm | $36.48 bn |
Toroso Investments | 2.03 mm | $30.42 bn |
Geode Capital Management | 1.81 mm | $27.17 bn |
MS Morgan Stanley | 1.75 mm | $26.17 bn |
JPM JPMorgan Chase & Co. | 1.42 mm | $21.30 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Aug 24 | Sean Joseph Glennan | Performance Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 37,065 | 0.00 | 37,065 |
21 Aug 24 | Sean Joseph Glennan | RSU Common Stock | Grant | Acquire A | No | No | 0 | 37,065 | 0.00 | 37,065 |
16 Aug 24 | Joseph Flinn | Common Stock | Sell | Dispose S | No | No | 11.7389 | 7,618 | 89.43 k | 11,861 |
15 Aug 24 | Joseph Flinn | Common Stock | Option exercise | Acquire M | No | No | 0 | 17,918 | 0.00 | 19,479 |
15 Aug 24 | Joseph Flinn | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 17,918 | 0.00 | 0 |
12 Aug 24 | Joseph Flinn | RSU Common Stock | Grant | Acquire A | No | No | 0 | 18,999 | 0.00 | 36,917 |
12 Aug 24 | E Stanley Oneal | RSU Common Stock | Grant | Acquire A | No | No | 0 | 18,396 | 0.00 | 18,396 |
News
Hut 8 Boosted by Next-Gen Bitcoin Rigs and Revenue Diversification, Analysts Say
14 Aug 24
What's Going On With Bitcoin Miner Hut 8's Stock After Earnings?
14 Aug 24
Benchmark Reiterates Buy on Hut 8, Maintains $17 Price Target
14 Aug 24
HC Wainwright & Co. Upgrades Hut 8 to Buy, Raises Price Target to $13.5
14 Aug 24
Needham Reiterates Buy on Hut 8, Maintains $15 Price Target
14 Aug 24
Press releases
Berry and Glatfelter Announce Magnera Board of Director Appointments in Connection With Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter
16 Aug 24
Hut 8 Reports Second Quarter 2024 Results
13 Aug 24
Hut 8 Announces New Chief Financial Officer
6 Aug 24
Hut 8 Operations Update for July 2024
5 Aug 24
Media Advisory: Hut 8 Announces Conference Call to Discuss Second Quarter 2024 Results
24 Jul 24