Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing – Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.
Metrics to compare | HUT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipHUTPeersSector | |
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P/E Ratio | 6.1x | −10.7x | 11.3x | |
PEG Ratio | 0.03 | −0.16 | 0.01 | |
Price/Book | 1.7x | 4.7x | 2.4x | |
Price / LTM Sales | 6.6x | 6.5x | 2.1x | |
Upside (Analyst Target) | - | 11.6% | 23.2% | |
Fair Value Upside | Unlock | 4.4% | 5.1% | Unlock |