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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
Total Current Assets

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
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
H
Hut 8 Corp
F:V71
Total Current Assets
CA$403.3m
CAGR 3-Years
105%
CAGR 5-Years
70%
CAGR 10-Years
92%
Salesforce Inc
NYSE:CRM
Total Current Assets
$21.4B
CAGR 3-Years
10%
CAGR 5-Years
14%
CAGR 10-Years
24%
Palantir Technologies Inc
NYSE:PLTR
Total Current Assets
$4.1B
CAGR 3-Years
22%
CAGR 5-Years
28%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Total Current Assets
$1.6B
CAGR 3-Years
35%
CAGR 5-Years
32%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Total Current Assets
$10.7B
CAGR 3-Years
34%
CAGR 5-Years
28%
CAGR 10-Years
16%
Adobe Inc
NASDAQ:ADBE
Total Current Assets
$11.2B
CAGR 3-Years
9%
CAGR 5-Years
12%
CAGR 10-Years
9%
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
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See Also

What is Hut 8 Corp's Total Current Assets?
Total Current Assets
403.3m CAD

Based on the financial report for Jun 30, 2023, Hut 8 Corp's Total Current Assets amounts to 403.3m CAD.

What is Hut 8 Corp's Total Current Assets growth rate?
Total Current Assets CAGR 10Y
92%

Over the last year, the Total Current Assets growth was 58%. The average annual Total Current Assets growth rates for Hut 8 Corp have been 105% over the past three years , 70% over the past five years , and 92% over the past ten years .

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