About Hut 8
Hut 8 is a publicly listed company based in Toronto (Canada) founded in 2017. It operates as a high-performance computing infrastructure is provided for digital sectors. The company has 222 employees. Hut 8 has completed 1 acquisition, including TeraGo. Its website hut8.com draws about 58 thousand monthly visits. Hut 8 offers products and services including Hosting Services, Repair Services, Managed Services, and High Performance Computing. Its focus areas include Business Services, Blockchain Services, Horizontal and Blockchain Technology. Its legal entity is Hut 8 Corp. Its competitors include Graph Blockchain, Eightco, p0x labs, BLOCKSMITH&Co and Fortress Trust and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
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.
- Annual Revenue$235.12 M (USD)44.79as on Dec 31, 2025
- Net Profit-$225.44 M (USD)-167.93as on Dec 31, 2025
- EBITDA$17.35 M (USD)67.64as on Dec 31, 2025
- Employee Count222
- Investments & Acquisitions
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.
Setup and maintenance for bitcoin mining with real-time monitoring
Certified repair of mining equipment like Whatsminers
Turnkey infrastructure management with advanced technology
Infrastructure for high performance computing and AI applications
People of Hut 8
28 people are tracked at Hut 8 (18 in leadership, 4 in board & advisors, 6 in team); the tracked headcount is 222.
| Name | Role | Group |
|---|---|---|
Sean Glennan | Chief Financial Officer | Leadership |
André-Philippe Rose | Senior Director, Mining | Leadership |
Peter Goehausen | Director, Energy Origination | Leadership |
Michael Isaacs | Chief of Staff | Leadership |
Josh Rayner | VP, Sales | Leadership |
Grant Byrne | Senior Director, Fp&a | Leadership |
Chris Vickery | VP Of Energy | Leadership |
Bevan D. | Director Financial Operations | Leadership |
Karl Diab | Vp, Mining | Leadership |
Collier Pruner | Senior Director, Strategic Operations & Partnerships | Leadership |
Ryan Kim | Vice President, Corporate Strategy | Leadership |
Asher Genoot | Chief Executive Officer | Leadership |
Saboor Khalid | Vice President Of Finance | Leadership |
Sue Ennis | VP, Corporate Development | Leadership |
Gregory Irwin | Senior Vice President Of Corporate Development | Leadership |
Luke Henry Wiles | Director, Energy Origination | Leadership |
Tim D'Agostino | Senior Vice President, Managed Services | Leadership |
Victor Semah | Chief Legal Officer & Corporate Secretary | Leadership |
Bill Tai | Chairman | Board & advisors |
Alexia Hefti | Board Member | Board & advisors |
8 more people are available in the full profile.
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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.
- IPO date08 Oct 2019
- Listed onTSX: HUT
- Listed entityHut 8 Corp.
- Exchange sectorTechnology services
- ISINUS44812J1043
- Share price$83.61 (-1.91% on the day) · 2026-10-13
- Market capitalisation$10.31B
- Price to earnings24.4
- EPS (diluted, trailing year)$-5.35
- Volume (last session)4,909,914
Financials of Hut 8
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $235.1M | -$225.4M | $17.4M |
| 2024 | $162.4M | $331.9M | $10.3M |
| 2023 | $60.6M | $6.2M | $1.0M |
| 2022 | $115.7M | -$186.5M | $14.7M |
| 2021 | $138.6M | -$58.0M | $57.3M |
Detailed financial statements for Hut 8
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Investments & Acquisitions by Hut 8
Hut 8 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TeraGo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Internet, colocation, and cloud services are provided to Canadian businesses. | terago.ca | Thornhill, Canada | 1999 | Jan 2022 | •••• |
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Timeline of Hut 8
3 dated milestones of Hut 8 across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Hut 8 is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires TeraGo.
Competitors of Hut 8
Hut 8 has 8 listed competitors in our database, 5 of them funded. They include Graph Blockchain, Eightco, p0x labs, BLOCKSMITH&Co. and Fortress Trust, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| graphblockchain.com | 2017 | Toronto, Canada | $2.97M | – | Private blockchain solutions are offered for data management and intelligence. | |
| 8co.holdings | 1996 | Safety Harbor, United States | – | – | Data-driven technology solutions are provided for diversified industries through acquisitions. | |
| p0xlabs.xyz | 2020 | New York, United States | $25M | – | Blockchain development services are provided by p0x labs. | |
| blocksmithand.co.jp | 2022 | Minato, Japan | $99,447 | – | Provider of gaming development services | |
| fortresstrust.com | 2022 | Las Vegas, United States | $22.5M | – | Financial infrastructure and compliance solutions are provided by Fortress Trust. | |
| bitorigin.io | 2022 | New York, United States | – | – | Blockchain development and financing services are provided by Bit Origin. | |
| rubix.net | 2002 | Singapore | $100M | – | Blockchain-based development and security services are provided. | |
| algorandtechnologies.com | 2017 | Singapore | – | – | Provider of blockchain development and research services |
Detailed competitors of Hut 8
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Web traffic of Hut 8
The website of Hut 8 (hut8.com) receives about 57.7K visits a month.
- Monthly visits57.7K
▼ 20.2% vs previous month
Websites whose visitors overlap most with Hut 8. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
news.bitcoin.com | news.bitcoin.com | 100% | – | #72,987 | – |
| coindesk.com | 80% | 4.5M | #19,660 | View details | |
99bitcoins.com | 99bitcoins.com | 80% | – | #95,049 | – |
| coatue.com | 76% | – | #711,522 | View details | |
growthequityinterviewguide.com | growthequityinterviewguide.com | 60% | – | #443,393 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Hut 8
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Top companies in Blockchain & Decentralized Infrastructure
10 companies that operate in the same segment as Hut 8 (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | 708 | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 997.58 M | USD 101.34 M | 307 | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | 166 | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 563.9 M | – | 366 | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | 151 |
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Related news about Hut 8
Complete news archive for Hut 8
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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.
Hut 8 has 222 employees.
Annual revenue of Hut 8 is $235.12M as on Dec 31, 2025.
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.
Hut 8 operates through Hut 8 Corp..