Hut 8

Toronto, Canada Founded: 2017 • Age: 9 yrs
High-performance computing infrastructure is provided for digital sectors.
Annual revenue $154.6M Latest available
Total funding - Funding intelligence
Employees 222 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Hut 8

Hut 8 is a company based in Toronto (Canada) founded in 2017. The company has 222 employees as of December 31, 2024. Hut 8 has completed 1 acquisition, including TeraGo. Hut 8 offers products and services including Hosting Services, Repair Services, Managed Services, and High Performance Computing. Hut 8 operates in a competitive market with competitors including Graph Blockchain, Eightco, p0x labs, BLOCKSMITH&Co and Fortress Trust, among others.

  • Headquarter Toronto, Canada
  • Employees 222 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hut 8 Corp.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $154.59 M (USD)
    150.48
    as on Dec 31, 2024
  • Net Profit
    $315.95 M (USD)
    4897.7
    as on Dec 31, 2024
  • EBITDA
    $9.85 M (USD)
    863.61
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    222

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Hut 8

Hut 8 is a publicly listed company on the NASDAQ with ticker symbol HUT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: HUT · Sector: Technology services · USA

Products & Services of Hut 8

Hut 8 offers a comprehensive portfolio of products and services, including Hosting Services, Repair Services, Managed Services, and High Performance Computing.

Product name locked
Category locked
Primary

Setup and maintenance for bitcoin mining with real-time monitoring

Product name locked
Category locked
Locked

Certified repair of mining equipment like Whatsminers

Product name locked
Category locked
Locked

Turnkey infrastructure management with advanced technology

Product name locked
Category locked
Locked

Infrastructure for high performance computing and AI applications

People of Hut 8

Headcount 10-50
Employee Profiles 24
Board Members and Advisors 4
Employee Profiles
People
André-Philippe Rose
Senior Director, Mining
People
Josh Rayner
VP, Sales
People
Brett Murray
Senior Account Executive & Account Manager
People
Chris Vickery
VP Of Energy

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Board Members and Advisors
people
Bill Tai
Chairman
people
Alexia Hefti
Board Member
people
Rick Rickertsen
Board Member
people
Joe Flinn
Board Member

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Funding Insights of Hut 8

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Detailed funding history for Hut 8

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Hut 8

Hut 8 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TeraGo.

Investments
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Investment portfolio details for Hut 8

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Internet, colocation, and cloud services are provided to Canadian businesses.
Locked Locked 1999 Locked
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Complete acquisition details for Hut 8

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Hut 8

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Detailed financials for Hut 8

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  • Profit trends
  • Statement rows
  • Financial ratios

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Hut 8 Comparisons

Hut 8 Primary company
Description
High-performance computing infrastructure is provided for di...
Location
Toronto, Canada
Founded Year
2017
Annual Revenue
$154.59 M (USD)
Net Profit
$315.95 M (USD)
EBITDA
$9.85 M (USD)
Employees
222
As of 2024
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Peer comparison for Hut 8

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Hut 8

Hut 8 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Graph Blockchain, Eightco, p0x labs, BLOCKSMITH&Co. and Fortress Trust, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Private blockchain solutions are offered for data management and intelligence.
Locked Locked Locked
Data-driven technology solutions are provided for diversified industries through acquisitions.
Locked Locked Locked
Blockchain development services are provided by p0x labs.
Locked Locked Locked
Provider of gaming development services
Locked Locked Locked
Financial infrastructure and compliance solutions are provided by Fortress Trust.
Locked Locked Locked
Blockchain development and financing services are provided by Bit Origin.
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Detailed competitors of Hut 8

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Hut 8

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Complete news archive for Hut 8

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hut 8

Hut 8 was founded in 2017.

Hut 8 is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

As of Dec 31, 2024, the latest employee count at Hut 8 is 222.

Annual revenue of Hut 8 is $154.59M as on Dec 31, 2024.

Hut 8 was founded in 2017 in Toronto, Canada, as a provider of high-performance computing infrastructure. Solutions are offered for gaming, visual effects, financial services, business continuity, and disaster recovery. Focus is placed on digital asset infrastructure and technology foundations for the digital economy. Operations support various industries through reliable computing resources.

Hut 8's top competitors include Eightco, Graph Blockchain and Bit Origin.

Hut 8 offers Hosting Services, Repair Services, Managed Services, and High Performance Computing.

Yes, Hut 8 is publicly traded on NASDAQ under the ticker symbol HUT.

Hut 8 has made 1 acquisition, including TeraGo.

The ticker symbol of Hut 8 is HUT on NASDAQ.

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