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Revenue of $60.6 million including $12.6 million from Managed Services Net Income of $6.2 million and Adjusted EBITDA of $62.3 million 9,195 self-mined Bitcoin on balance sheet as of December 31, 2023 MIAMI, March 28, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nas...
Hut 8 Corp. (HUT:CA) is expected to report $-0.09 for Q4 2023
2024-03-19 16:30:00 ET I know; you’re likely looking at the phrase real estate and perhaps feeling a bit sick to your stomach. I would certainly understand, given that most real estate sectors have fallen dramatically during the last few years. And that certainly may continue...
MIAMI, March 12, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest Bitcoin miners and energy infrastructure operators, will review fiscal year results via a conference call on Thursday March 28, 2...
Company to move efficient miners to Medicine Hat site Plan expected to improve cash flow, decrease cost to mine a Bitcoin, and drive pro forma increase in Bitcoin mined per EH of approximately 11% Company to maintain lease with option value of re-energizing site ...
27 EH/s and 926 MW under management as Company continues to increase operating scale and execute restructuring and optimization initiatives Strategic initiatives and site buildouts in Texas advancing New treasury strategy and 9,110 Bitcoin on balance sheet gives Hut 8 sign...
2024-02-28 14:48:27 ET The price of Bitcoin ( CRYPTO:BTC ) continued to climb even higher this week, surging past US$60,000 as investors got back into crypto . This has caused other companies, Canadian ones included, to see some renewed interest once more. One such company i...
2024-02-27 16:30:00 ET Cryptocurrency investors woke up with smiles on their faces this week, as Bitcoin ( CRYPTO:BTC ) surged to a two-year high. The crypto coin exceeded US$57,000 for the first time since November 2021. The climb in price comes from a number of factors...
63 MW site, planned to be energized in Q2, will be Hut 8’s newest North American mining operation Site expected to have up to approximately 3.6 EH/s of self-mining capacity Hut 8 to utilize its Bitcoin stack strategically to finance growth initiatives MIAM...
MIAMI, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), (" Hut 8 ” or the “ Company ”) one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers has completed its prev...
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2024-05-16 16:50:00 ET Shares of Hut 8 ( TSX:HUT ) surged this week as much as 11% as the company came out with earnings that soared past estimates. The first quarter started off the year strong, with the cryptocurrency and Bitcoin miner taking full advantage of the rise in Bi...
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Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million 9,102 self-mined Bitcoin on balance sheet as of March 31, 2024 MIAMI, May 15, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8...