Hut 8 Expands U.S. AI Data Center Footprint with Jacobs’ EPCM Contract for One-Gigawatt Texas Campus
Market Chameleon (Tue, 12-May 3:12 AM ET)
Jacobs awarded EPCM contract to deliver second Hut 8 AI data center in Texas
Business Wire (Tue, 12-May 6:45 AM ET)
Eric Trump Says JPMorgan's Bitcoin Reversal Proves Him Right, Predicts BTC Above $1 Million
Benzinga (Mon, 11-May 1:55 PM ET)
Seeking Alpha News (Sat, 9-May 10:00 AM ET)
TipRanks (Sat, 9-May 7:55 AM ET)
Hut 8 (HUT) Gets a Buy from BTIG
TipRanks (Fri, 8-May 8:00 AM ET)
Why Is Hut 8 Stock Falling On Thursday?
Benzinga (Thu, 7-May 11:33 AM ET)
Craig-Hallum Keeps Their Buy Rating on Hut 8 (HUT)
TipRanks (Thu, 7-May 10:05 AM ET)
Hut 8 (HUT) Receives a Rating Update from a Top Analyst
TipRanks (Thu, 7-May 7:56 AM ET)
Market Chameleon (Thu, 7-May 3:19 AM ET)
Hut 8 Corp is an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.
Hut 8 Corp. trades on the NASDAQ stock market under the symbol HUT.
As of May 12, 2026, HUT stock price climbed to $107.31 with 4,370,067 million shares trading.
HUT has a beta of 3.54, meaning it tends to be more sensitive to market movements. HUT has a correlation of 0.32 to the broad based SPY ETF.
HUT has a market cap of $12.08 billion. This is considered a Large Cap stock.
Last quarter Hut 8 Corp. reported $71 million in Revenue and -$1.98 earnings per share. This fell short of revenue expectation by $-8 million and missed earnings estimates by -$1.64.
In the last 3 years, HUT traded as high as $111.33 and as low as $6.18.
The top ETF exchange traded funds that HUT belongs to (by Net Assets): IWM, VTI, VGT, IWN, VB.
HUT has outperformed the market in the last year with a price return of +672.6% while the SPY ETF gained +32.1%. HUT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +101.6% and +41.7%, respectively, while the SPY returned +6.9% and +3.2%, respectively.
HUT support price is $97.20 and resistance is $107.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUT shares will trade within this expected range on the day.