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Hut 8 Corp
F:V71

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Hut 8 Corp
F:V71
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Price: 21 EUR -9.48% Market Closed
Market Cap: 1.9B EUR
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Hut 8 Corp
Common Shares Outstanding

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Hut 8 Corp
Common Shares Outstanding Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Common Shares Outstanding CAGR 3Y CAGR 5Y CAGR 10Y
H
Hut 8 Corp
F:V71
Common Shares Outstanding
CA$221.6m
CAGR 3-Years
32%
CAGR 5-Years
22%
CAGR 10-Years
33%
Salesforce Inc
NYSE:CRM
Common Shares Outstanding
$956m
CAGR 3-Years
-1%
CAGR 5-Years
2%
CAGR 10-Years
4%
Palantir Technologies Inc
NYSE:PLTR
Common Shares Outstanding
$2.2B
CAGR 3-Years
7%
CAGR 5-Years
6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Common Shares Outstanding
$339.9m
CAGR 3-Years
-2%
CAGR 5-Years
-1%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Common Shares Outstanding
$280.1m
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
0%
Adobe Inc
NASDAQ:ADBE
Common Shares Outstanding
$440.2m
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-1%
No Stocks Found

Hut 8 Corp
Glance View

Market Cap
1.9B EUR
Industry
Technology

Hut 8 Mining Corp, based in Canada, stands as one of North America's largest and most innovative cryptocurrency mining companies. Founded in 2017, the company specializes in mining Bitcoin, leveraging its vast computing power to solve complex mathematical problems that validate transactions on the Bitcoin network. This process, known as proof-of-work, is at the core of Hut 8's operations, and the company earns revenues in the form of the newly minted Bitcoin it receives as rewards. At its strategically located facilities in Alberta, the company has harnessed a blend of partnering with energy providers and utilizing immersion cooling technology to enhance efficiency and reduce costs, distinguishing itself from other players in the digital mining landscape. The business model of Hut 8 relies heavily on the fluctuating nature of Bitcoin's market value, which can impact revenue generation significantly. However, the company has shown adaptability through strategic diversification, which not only includes Bitcoin mining but also extends to offering high-performance computing infrastructure services. As cryptocurrencies become more mainstream, and data needs surge across industries, Hut 8's geographical and infrastructural advantages position it uniquely to leverage these rising tides, thereby potentially opening new revenue streams beyond the volatile swings of cryptocurrency prices. This dual approach allows Hut 8 to navigate the unpredictable currents of digital currency markets while preparing for broader technological opportunities.

V71 Intrinsic Value
40.13 EUR
Undervaluation 48%
Intrinsic Value
Price
H

See Also

What is Hut 8 Corp's Common Shares Outstanding?
Common Shares Outstanding
221.6m CAD

Based on the financial report for Jun 30, 2023, Hut 8 Corp's Common Shares Outstanding amounts to 221.6m CAD.

What is Hut 8 Corp's Common Shares Outstanding growth rate?
Common Shares Outstanding CAGR 10Y
33%

Over the last year, the Common Shares Outstanding growth was 15%. The average annual Common Shares Outstanding growth rates for Hut 8 Corp have been 32% over the past three years , 22% over the past five years , and 33% over the past ten years .

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