Hut 8 - About the company
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 1459 active competitors, including 38 funded and 22 that have exited. Its top competitors include companies like The Binary Holdings, Algorand Technologies and Igloo.
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/
- Registered Address
- 1101 BRICKELL AVENUE, SUITE 1500,MIAMI,33131,FL
Key Metrics
Founded Year
2017
Location
Toronto, Canada
Stage
Public
Investors
Ranked
1st among 1459 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2025
Employee Count
365 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Hut 8
Hut 8 is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Hut 8 Corp. CIN: 1964789 , United States, Active | $100M - $500M (As on Dec 31, 2025) | - | - |
Hut 8's IPO details
Hut 8 got listed on Oct 08, 2019.
Click here to take a look at Hut 8's IPO in detail
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Hut 8's funding and investors
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 founders and board of directors
Founder? Claim ProfileHut 8's employee count trend
Hut 8 has 365 employees as of Sep 26. Here is Hut 8's employee count trend over the years:
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Hut 8's Competitors and alternates
Top competitors of Hut 8 include The Binary Holdings, Algorand Technologies and Igloo. Here is the list of Top 10 competitors of Hut 8, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of computing infrastructure and technology solutions | - | 52/100 | ||
2nd |  The Binary Holdings 2023, Dubai (United Arab Emirates), Series A | Provider of a Web3 distribution infrastructure for telecommunications companies. | $13M | 48/100 | |
3rd |  Algorand Technologies 2017, Singapore (Singapore), Funding Raised | Developer of a high-performance blockchain network for financial application infrastructure | - | 48/100 | |
4th | 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 | 46/100 | |
5th | Provider of blockchain, Web3, AI, gaming, and digital transformation solutions | $3M | 45/100 | ||
6th | Decurret-Dcp Tokyo (Japan), Series C | Digital currency platform provider facilitating digital transactions and digital asset integration | $44.8M | 45/100 | |
7th |  SUSHI TOP MARKETING 2021, Chiyoda City (Japan), Series A | Provider of NFT marketing solutions utilizing blockchain technology for businesses. | $1.76M | 45/100 | |
8th |  Eightco 1996, Safety Harbor (United States), Public | Provider of data-driven technology solutions for diversified industries | - | 44/100 | |
9th |  AssetChain 2019, Mumbai (India), Seed | Blockchain-enabled identity and asset management | $1.17M | 43/100 | |
10th |  Galaxy4Games 2020, Tallinn (Estonia), Unfunded | Web3 and mobile games studio and solutions provider, focusing on web3 technology and creating immersive game worlds | - | - | 41/100 |
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Hut 8's Investments and acquisitions
Hut 8 has made 1 investment in Kely Miner and acquired TeraGo.Reports related to Hut 8
Here is the latest report on Hut 8's sector:
News related to Hut 8
Filter this listMedia has covered Hut 8 for a total of 60 events in the last 1 year, 33 of them have been about company updates and 3 about partnerships.
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Hut 8 Stock: Positioned For A Bounce Back After The Neocloud Sell-Off (NASDAQ:HUT)Seeking Alpha•Oct 28, 2026•Hut 8
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Hut 8 Corp Expands Corporate Liquidity with $1.07 Billion Senior Secured Revolving Credit FacilityFinancial Times•Sep 28, 2026•Hut 8
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Hut 8 Wins $140M Bid for Poolin's Texas Data Centers Ahead of Court HearingThe Crypto Times•Sep 24, 2026•Hut 8
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Digital Realty, Colovore, Hut 8, CoreSite, and DataBank file to build data centers in TexasDCD•Sep 15, 2026•DataBank, Colovore, CoreSite, Hut 8 and 1 other
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Opti9 Technologies Acquires Hut 8's Canadian Managed Cloud BusinessGlobeNewswire•Sep 03, 2026•Hut 8, Opti9
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Anthropic reportedly agrees to $35B AI computing deal with Nvidia-backed LambdaSeeking Alpha•Sep 01, 2026•Lambda AI, Anthropic, Nanda Trading Company Hongkong Zone, Nvidia and 1 other
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Metaplanet and Hut8 Move $125 Million in Bitcoin Off ExchangesBitcoin•Aug 12, 2026•Metaplanet, Hut 8, Pomerantz
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Hut 8's $7 Billion Cash Pile Mostly Restricted, Raising Liquidity QuestionsCryptoSlate•Aug 06, 2026•Hut 8
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