--- title: "HUT Hut 8" canonical: "https://supercyclehq.com/stock/hut-8" type: "stock" dataAsOf: "2026-11-02" ticker: "HUT" license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset." disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI." --- # Hut 8 (HUT) Hut 8 develops and operates energy infrastructure and data centers. ## AI Exposure Score **72/100, Core.** Contracted AI data center leases at campuses like Beacon Point now define Hut 8's forward value, dwarfing the legacy mining business. Current revenue is still mostly bitcoin, so the thesis depends on delivering contracted capacity on time and on the credit of its hyperscale tenants. ## Quote | Field | Value | | --- | --- | | Price (EOD close) | $55.01 | | Change 1d | -7.40% | | Change 7d | -12.65% | | Change 30d | -38.63% | | Change 1y | +0.01% | | 52-week high | $133.02 | | 52-week low | $33.76 | | Market cap | $6.8B | | P/E | n/a | | EPS | $-5.42 | | Next earnings | 2026-11-04 | Quote as of 2026-11-02. ## Company | Field | Value | | --- | --- | | Exchange | NASDAQ | | Sector | Financial Services | | Headquarters | Miami, FL | | CEO | Asher Kevin Genoot | | Employees | 248 | | Website | https://www.hut8.com | | Buildout layers | [Data Centers & Hardware](https://supercyclehq.com/category/data-centers), [Neoclouds](https://supercyclehq.com/category/neoclouds), [Power & Energy](https://supercyclehq.com/category/power-energy) | ## What the company does Hut 8 develops and operates energy infrastructure and data centers. Its model is to acquire large blocks of power capacity, then commercialize them at the highest value use, which today means long-term AI data center leases with investment-grade tenants. Revenue still comes mostly from bitcoin mining and energy operations while the AI leases ramp. The flagship is Beacon Point, a Texas campus whose full gigawatt of utility capacity is leased under 15-year agreements. With its River Bend campus, contracted AI data center capacity totals roughly 949 MW. Legacy mining continues through its majority stake in American Bitcoin. Founded in 2017 and headquartered in Miami, Hut 8 employs about 250 people and trades on the Nasdaq. It began as a Canadian bitcoin miner before rebuilding itself around power-first AI infrastructure. ## Role in the AI buildout Hut 8 sits in the Power & Energy layer and the Data Centers layer, converting a large power portfolio into AI campuses. Beacon Point and River Bend put it among the companies delivering gigawatt-scale contracted capacity to investment-grade tenants, and it also touches the Neoclouds layer through GPU compute services. Its role in the buildout is securing energy first and monetizing it as AI infrastructure, a model that turns power access into long-dated data center leases. ## Tracked investors holding it (13F) | Investor | Fund | Position value | Portfolio % | Change | Period | | --- | --- | --- | --- | --- | --- | | [Philippe Laffont](https://supercyclehq.com/investors/philippe-laffont) | Coatue Management | $1.1B | 2.31% | new | 2026-06-30 | | [Stephen Mandel](https://supercyclehq.com/investors/stephen-mandel) | Lone Pine Capital | $666.5M | 4.07% | trimmed | 2026-06-30 | | [Dan Loeb](https://supercyclehq.com/investors/dan-loeb) | Third Point | $151.8M | 3.26% | increased | 2026-06-30 | | [Stanley Druckenmiller](https://supercyclehq.com/investors/stanley-druckenmiller) | Duquesne Family Office | $36.3M | 0.83% | new | 2026-06-30 | ## FAQ ### What does Hut 8 Corp. do? Hut 8 is an energy infrastructure and data center company. It acquires large blocks of power capacity and commercializes them through AI data center leases, bitcoin mining through its American Bitcoin stake, and managed infrastructure services. ### How is Hut 8 Corp. exposed to AI? Hut 8 has roughly 949 MW of contracted AI data center capacity, anchored by 15-year leases at its Beacon Point campus in Texas. Supercycle rates it Core with an AI Exposure Score of 72 out of 100 on those contracted economics. ### What is Beacon Point? Beacon Point is Hut 8's flagship AI data center campus in Texas. Its full gigawatt of utility capacity is leased to an investment-grade tenant under 15-year agreements, making it one of the largest fully commercialized AI campuses announced by a listed company. ### Does Hut 8 still mine bitcoin? Yes. Hut 8 holds a majority stake in American Bitcoin, which runs the mining operations, and mining still generates most current revenue. The forward story, however, is defined by contracted AI data center leases rather than mining economics. ### Who leads Hut 8 Corp.? Asher Kevin Genoot serves as chief executive officer. The company was founded in 2017, is headquartered in Miami, Florida, and employs about 250 people across its energy and data center platform. ### Is HUT a pure play AI stock? Not yet. Supercycle classifies HUT as Core with a score of 72 out of 100. Contracted AI leases dominate its forward value, but bitcoin mining still produces most of today's revenue while the campuses are built out. --- Source: https://supercyclehq.com/stock/hut-8. Data as of 2026-11-02. Prices are end-of-day closes, never live. Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI. Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.