Where is Hut 8 located?

Hut 8 is headquartered in Toronto, Canada. It is registered at 1101 BRICKELL AVENUE, SUITE 1500,MIAMI,33131,FL.

How many employees does Hut 8 have?

As of Jul 31, 2026, the latest employee count at Hut 8 is 348.

What is the annual revenue of Hut 8?

Annual revenue of Hut 8 is between $100M and $500M as on Dec 31, 2025

Where does Hut 8 rank among its competitors?

Hut 8 ranks 5th amongst 2037 active competitors, of which 70 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Olas, which secured $13.8M in Feb, 2025.

Who are the top competitors of Hut 8?

Hut 8's top competitors include Olas, BIPROGY and ChromaWay. Among them, Olas secured the most recent funding round in February, 2025.

Hut 8 - 2026 Company Profile, Funding, Competitors & Financials

Hut 8 is a public company based in Toronto (Canada), founded in 2017. It operates as a Provider of computing infrastructure and technology solutions. The company has 2037 active competitors, including 70 funded and 32 that have exited. Its top competitors include companies like Olas, BIPROGY and ChromaWay.

Company Details

It is a high-performance computing infrastructure provider that offers solutions for gaming, VFX, financial services, business continuity, disaster recovery, and more. They are focused on providing the foundation for the digital economy through cutting-edge technology solutions and digital asset infrastructure.

Website: www.hut8.com/
Part Of
Registered Address: 1101 BRICKELL AVENUE, SUITE 1500,MIAMI,33131,FL

Key Metrics

Founded Year

2017

Location

Toronto, Canada

Stage

Public

Investors

Trinity Capital

Ranked

5^th among 2037 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2025

Employee Count

348 as on Jul 31, 2026

Investment & Acquisitions

Kely Miner & 1 more

Similar Companies

Olas & 2343 more

Exit Details

Public

View Hut 8's full profile

Hut 8 is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Hut 8 Corp. CIN: 1964789 , United States, Active		$100M - $500M (As on Dec 31, 2025)	-	-

Hut 8 got listed on Oct 08, 2019.

Click here to take a look at Hut 8's IPO in detail

Hut 8 is a funded company. Hut 8 has 1 institutional investor.

View details of Hut 8's funding rounds and investors

Hut 8's employee count trend

Hut 8 has 348 employees as of Jul 26. Here is Hut 8's employee count trend over the years:

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Top competitors of Hut 8 include Olas, BIPROGY and ChromaWay. Here is the list of Top 10 competitors of Hut 8, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Olas 2022, Einsiedeln (Switzerland), Series A	Operator of a network for co-owning and monetizing AI agents	$13.8M	1kx, Generative Ventures & 9 others	56/100
2nd	BIPROGY 1958, Koto (Japan), Public	Provider of IT solutions and outsourcing services. This company offers a wide array of services, including digital transformation (DX) solutions, security services, and carbon-neutral initiatives. They develop and deliver products and services to support clients' needs. The company also engages in research and development activities, focusing on technological advancements. They provide support and services to ensure client satisfaction. Their offerings are complemented by various events and seminars.	-	-	51/100
3rd	ChromaWay 2014, Stockholm (Sweden), Series A	Developer of blockchain platform integrating relational databases for decentralized applications	$10.1M	TGV, Vinnova & 3 others	51/100
4th	Azilen 2008, Ahmedabad (India), Unfunded	Enterprise Software & Application Development Company	-	-	51/100
5th	Hut 8 2017, Toronto (Canada), Public	Provider of computing infrastructure and technology solutions	-	Trinity Capital	49/100
6th	The Binary Holdings 2023, Dubai (United Arab Emirates), Series A	Provider of a Web3 distribution infrastructure for telecommunications companies.	$13M	Strauss Capital, Orbit Ventures & 6 others	48/100
7th	Algorand Technologies 2017, Singapore (Singapore), Funding Raised	Provider of blockchain development and research services	-	athenian.capital, Spark & 1 others	47/100
8th	Metaplanet 1999, Minato (Japan), Public	Provider of blockchain development, advisory & consulting, and other services	-	-	47/100
9th	Igloo 2021, Los Angeles (United States), Series B	Provider of digital workplace solutions for unifying frontline and desked teams to engage employees, and also offering blockchain-related services and products.	$11M	Founders Fund, Animoca Brands & 4 others	47/100
10th	Decurret-Dcp Tokyo (Japan), Series C	Digital currency platform provider facilitating digital transactions and digital asset integration	$44.8M	Fujitsu, MUFG & 11 others	45/100