Board Change • 8h
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chair of the Board of Directors Stan O'Neal was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 22
Insider recently sold €1.1m worth of stock On the 17th of June, Victor Semah sold around 10k shares on-market at roughly €108 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.1m. Insiders have been net sellers, collectively disposing of €6.2m more than they bought in the last 12 months. Aankondiging • Jun 12
Hut 8 Corp Announces Board Changes Hut 8 Corp. announced the appointment of E. Stanley (Stan) O'Neal as Chair of the Board of Directors, effective June 11, 2026. O'Neal, an independent director of the Company since November 2023, succeeded William (Bill) Tai, who continued to serve as a director and as a member of the Nominating and Governance Committee. O'Neal previously served as a director of U.S. Data Mining Group Inc. (US Bitcoin Corp) from March 2021 through its merger with Hut 8 Mining Corp. O'Neal is former Chairman and Chief Executive Officer of Merrill Lynch & Co. Inc. He was named Chief Executive Officer in 2002 and elected Chairman in 2003, serving in both positions until October 2007. O'Neal currently serves on the boards of Clearway Energy Inc., Element Solutions Inc., and served previously on the board of directors of General Motors from 2001 to 2006 and on the board of directors of Arconic from 2008 (through Arconic's predecessor, Alcoa) to August 2023. He also served as director of American Beacon Advisors Inc. from 2009 to September 2012. William (Bill) Tai served as Chair of the Hut 8 Board from November 2023 to June 2026 and previously served as a director and Chair of Hut 8 Mining Corp. from March 2018 through its merger with US Bitcoin Corp. Tai is a venture capitalist and was an early investor in high-profile start-ups including Canva, Color Genomics, Dapper Labs, SafetyCulture, TweetDeck, and Zoom Video. Tai has co-founded several successful technology companies including IPInfusion and Treasure Data Inc., where he served as Chairman. He has served as a director of seven publicly listed companies. Aankondiging • Jun 04
Hut 8 Corp. Announces Appointment of Mark Eidelman as Head of Investor Relations and Senior Vice President of Strategic Finance Hut 8 Corp. announced the appointment of Mark Eidelman as Head of Investor Relations and Senior Vice President of Strategic Finance. Eidelman will report to CFO Sean Glennan and lead the Company's strategic finance and investor relations functions. Before joining Hut 8, Eidelman led investor relations at NextEra Energy, where he owned the company's equity narrative and global investor relationships. He was ranked #2 Investor Relations Professional in Utilities on Extel's 2025 All-America Executive Team. Prior to that role, he led the M&A and joint ventures team at NextEra Energy Transmission. Eidelman has 17 years of experience in corporate and investment banking at J.P. Morgan, most recently as a managing director. In that role, he led the execution of more than $75 billion in debt, equity, and structured financings and advised public and private clients on capital structure, M&A, and strategic transactions, primarily in the power, utility, and renewables industries. Recent Insider Transactions • May 27
Independent Director recently sold €1.7m worth of stock On the 21st of May, Amy Wilkinson sold around 20k shares on-market at roughly €86.98 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.1m. Insiders have been net sellers, collectively disposing of €5.1m more than they bought in the last 12 months. Recent Insider Transactions • May 17
Independent Director recently sold €3.1m worth of stock On the 13th of May, Carl Rickertsen sold around 34k shares on-market at roughly €91.87 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.4m more than they bought in the last 12 months. Reported Earnings • May 06
First quarter 2026 earnings released: US$1.98 loss per share (vs US$1.30 loss in 1Q 2025) First quarter 2026 results: US$1.98 loss per share (further deteriorated from US$1.30 loss in 1Q 2025). Revenue: US$71.0m (up 226% from 1Q 2025). Net loss: US$219.8m (loss widened 64% from 1Q 2025). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy. Aankondiging • Apr 29
Hut 8 Corp., Annual General Meeting, Jun 11, 2026 Hut 8 Corp., Annual General Meeting, Jun 11, 2026. Aankondiging • Apr 17
Hut 8 Corp. to Report Q1, 2026 Results on May 06, 2026 Hut 8 Corp. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Reported Earnings • Feb 26
Full year 2025 earnings released: US$2.15 loss per share (vs US$3.71 profit in FY 2024) Full year 2025 results: US$2.15 loss per share (down from US$3.71 profit in FY 2024). Revenue: US$235.1m (up 45% from FY 2024). Net loss: US$226.1m (down 167% from profit in FY 2024). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €44.65, the stock trades at a trailing P/E ratio of 31.3x. Average forward P/E is 13x in the Software industry in Italy. Total returns to shareholders of 793% over the past year. Aankondiging • Jan 30
Hut 8 Corp. to Report Fiscal Year 2025 Results on Feb 25, 2026 Hut 8 Corp. announced that they will report fiscal year 2025 results Pre-Market on Feb 25, 2026 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €51.30, the stock trades at a forward P/E ratio of 9118x. Average forward P/E is 14x in the Software industry in Italy. Total returns to shareholders of 157% over the past year. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €28.85, the stock trades at a forward P/E ratio of 2466x. Average forward P/E is 14x in the Software industry in Italy. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to €38.45, the stock trades at a forward P/E ratio of 2529x. Average forward P/E is 14x in the Software industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €23.13 per share. Aankondiging • Nov 17
TransAlta Corporation (TSX:TA) entered into a definitive share purchase agreement to acquire Far North Power Corp. from Hut 8 Corp. (NasdaqGS:HUT) and Macquarie Equipment Finance Designated Activity Company for CAD 95 million. TransAlta Corporation (TSX:TA) entered into a definitive share purchase agreement to acquire Far North Power Corp. from Hut 8 Corp. (NasdaqGS:HUT) and Macquarie Equipment Finance Designated Activity Company for CAD 95 million on November 17, 2025. A cash consideration of CAD 95 million will be paid by TransAlta Corporation. The transaction is subject to working capital and other adjustments. The Company will finance the transaction using cash on hand and draws on its credit facilities.
The transaction is subject to customary closing conditions, including receipt of regulatory approvals. The transaction is expected to close by early first quarter of 2026.
CIBC Capital Markets, Research Division acted as financial advisor for Hut 8 Corp. Bennett Jones LLP acted as legal advisor for Hut 8 Corp. New Risk • Nov 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 73% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: US$0.47 (vs US$0.007 in 3Q 2024) Third quarter 2025 results: EPS: US$0.47 (up from US$0.007 in 3Q 2024). Revenue: US$83.5m (up 91% from 3Q 2024). Net income: US$50.1m (up US$49.5m from 3Q 2024). Profit margin: 60% (up from 1.5% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €44.85, the stock trades at a trailing P/E ratio of 34.4x. Average forward P/E is 15x in the Software industry in Italy. Aankondiging • Oct 17
Hut 8 Corp. to Report Q3, 2025 Results on Nov 04, 2025 Hut 8 Corp. announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €34.75, the stock trades at a trailing P/E ratio of 26.8x. Average forward P/E is 15x in the Software industry in Italy. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €27.15, the stock trades at a trailing P/E ratio of 22.2x. Average forward P/E is 15x in the Software industry in Italy. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €22.85, the stock trades at a trailing P/E ratio of 18.1x. Average forward P/E is 15x in the Software industry in Italy. New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 68% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (911% average daily change). Earnings are forecast to decline by an average of 68% per year for the foreseeable future. High level of non-cash earnings (43% accrual ratio). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: US$1.32 (vs US$0.78 loss in 2Q 2024) Second quarter 2025 results: EPS: US$1.32 (up from US$0.78 loss in 2Q 2024). Revenue: US$41.3m (up 17% from 2Q 2024). Net income: US$137.3m (up US$207.4m from 2Q 2024). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Aankondiging • Jul 08
Hut 8 Corp. to Report Q2, 2025 Results on Aug 07, 2025 Hut 8 Corp. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Aankondiging • May 01
Hut 8 Corp., Annual General Meeting, Jun 18, 2025 Hut 8 Corp., Annual General Meeting, Jun 18, 2025. Aankondiging • Apr 11
Hut 8 Corp. to Report Q1, 2025 Results on May 08, 2025 Hut 8 Corp. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to €6.00, the stock trades at a trailing P/E ratio of 4x. Average forward P/E is 15x in the Software industry in Italy. New Risk • Mar 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6,770% average daily change). Earnings are forecast to decline by an average of 47% per year for the foreseeable future. High level of non-cash earnings (58% accrual ratio). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: US$3.71 (vs US$0.24 in FY 2023) Full year 2024 results: EPS: US$3.71 (up from US$0.24 in FY 2023). Revenue: US$162.4m (up 34% from FY 2023). Net income: US$338.9m (up US$326.5m from FY 2023). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Italy. Aankondiging • Feb 11
Hut 8 Corp. to Report Fiscal Year 2024 Results on Mar 03, 2025 Hut 8 Corp. announced that they will report fiscal year 2024 results Pre-Market on Mar 03, 2025 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to €17.50, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Software industry in Italy. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €24.40, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 16x in the Software industry in Italy. Aankondiging • Dec 06
Hut 8 Corp. has filed a Follow-on Equity Offering in the amount of $500 million. Hut 8 Corp. has filed a Follow-on Equity Offering in the amount of $500 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering