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Added to YB: 2025-01-29

Pitch date: 2024-12-12

HUT [bullish]

Hut 8 Corp.

-28.43%

current return

Author Info

No bio for this author

Company Info

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America.

Market Cap

$2.4B

Pitch Price

$28.10

Price Target

63.50 (+224%)

Dividend

N/A

Sector

Software

Category

growth

Show full summary:
Hut 8 Corp. - $HUT

HUT: $63.50 YE25 TP (120% upside). Building 300MW Tier 3 DC in LA, expandable to 1GW. Valued at $10m/MW post-PUE. $800M cash/BTC. 230MW Tier 1 pipeline, 1.5GW exclusivity. BTDR: $50 TP (115% upside). 447MW OH sites for HPC, 583MW TX. ASIC miner potential $2.8bn value (20% of $6bn market, 30% margin, 10x EPS).

Read full article (4 min)