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Private company

HUT 8 MINING CORP.

HUT 8 MINING CORP. is a Canadian finance services company based in Toronto.2

Last updated Oct 21, 2026.

Overview

150.7MRevenue, fiscal 20223
-242.8MNet income, fiscal 20223
  • IndustryFinance Services2
  • HeadquartersToronto, Canada2
  • Incorporated inBritish Columbia, Canada4
  • Business address24 Duncan Street, Suite 500, Toronto, A6 M5V 2B84
  • Filer category, Emerging growth company4
  • Legal formCompany (includes community contribution company and unlimited liability company)2
  • LEI5493006XP230HIL5DH672
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered address2400-745 Thurlow St, V6E 0C5 Vancouver, Canada2
  • Registered withBC Registry Services, BC09126672

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2022

-16.6%Gross margin3
-125.2%Operating margin3
-161.1%Net margin3
-13.3%Revenue growth, 20223
-69.1%Return on equity3
0.04×Debt to equity3
-177.7M CADFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue91¢175.6M CAD
  • Interest4¢7.6M CAD
  • Income tax5¢9.6M CAD

Out of 150.7M CAD in revenue.3 The company lost money this year.

Financial statements

Revenue53150.7M CAD in 2022+270% since 2020
050.0M CAD100.0M CAD150.0M CAD200.0M CAD2020: 40.7M CAD40.7M CAD20202021: 173.8M CAD173.8M CAD2021+327%2022: 150.7M CAD150.7M CAD2022−13%
Gross profit53-25.0M CAD in 2022+35% since 2020
-50.0M CAD050.0M CAD100.0M CAD2020: -18.5M CAD-18.5M CAD20202021: 88.8M CAD88.8M CAD20212022: -25.0M CAD-25.0M CAD2022
Operating income53-188.7M CAD in 2022+2543% since 2020
-200.0M CAD-100.0M CAD0100.0M CAD2020: -7.1M CAD-7.1M CAD20202021: 48.7M CAD48.7M CAD20212022: -188.7M CAD-188.7M CAD2022
Net income53-242.8M CAD in 2022
-300.0M CAD-200.0M CAD-100.0M CAD0100.0M CAD2020: 19.0M CAD19.0M CAD20202021: -72.7M CAD-72.7M CAD20212022: -242.8M CAD-242.8M CAD2022+234%
Fiscal year2019202020212022
Revenue40.7M CAD5173.8M CAD3150.7M CAD3
Cost of revenue85.0M CAD3175.6M CAD3
Gross profit-18.5M CAD588.8M CAD3-25.0M CAD3
Operating income-7.1M CAD548.7M CAD3-188.7M CAD3
Interest1.4M CAD37.6M CAD3
Income before tax-67.1M CAD3-98.4M CAD3
Income tax5.6M CAD39.6M CAD3
Net income19.0M CAD5-72.7M CAD3-242.8M CAD3
Earnings per share$0.205-$0.543-$1.293
Earnings per share (diluted)$0.205-$0.543-$1.293
Shares (weighted, basic)137.6M shares3187.8M shares3
Shares (weighted, diluted)137.6M shares3187.8M shares3

Compare HUT 8 MINING CORP. with another company

Corporate structure

HUT 8 MINING CORP. is part of a group headed by Hut 8. 11 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Hut 8 Miami, Florida, United States
    • American Bitcoin Miami, Florida, United States
      • AMERICAN BITCOIN INVESTMENTS LLC Subsidiary · Miami, Florida, United States
    • HUT 8 MINING CORP. Toronto, Ontario, Canada
    • AMERICAN BITCOIN HOLDINGS LLC Subsidiary · Delaware, United States
    • AMERICAN BITCOIN OPERATING LLC Subsidiary · Delaware, United States
    • BEACON POINT DC 2 LLC Subsidiary · Miami, Florida, United States
    • BEACON POINT DC LLC Subsidiary · Miami, Florida, United States
    • HUT 8 DC LLC Subsidiary · Miami, Florida, United States
    • HUT 8 INFRASTRUCTURE LLC Subsidiary · Delaware, United States
    • U.S. Data Mining Group, Inc. Subsidiary · Miami, Florida, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

What it owns

What HUT 8 MINING CORP. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net125.0M CAD3 Dec 31, 202296.1M CAD3 Dec 31, 2021+30.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents30.5M CAD3 Dec 31, 2022140.1M CAD3 Dec 31, 2021−78.2%

Filings

192 filings to the SEC since October 2021: 2 annual reports, 190 other. The latest 20:

  1. Dec 11, 202315-12G EDGAR
  2. Dec 6, 20236-K EDGAR
  3. Dec 1, 2023S-8 POS EDGAR
  4. Dec 1, 2023F-10POS EDGAR
  5. Nov 30, 20236-K EDGAR
  6. Nov 20, 20236-K EDGAR
  7. Nov 15, 2023425 EDGAR
  8. Nov 15, 2023425 EDGAR
  9. Nov 15, 2023425 EDGAR
  10. Nov 14, 20236-K EDGAR
  11. Nov 13, 20236-K EDGAR
  12. Nov 13, 2023425 EDGAR
  13. Nov 13, 2023425 EDGAR
  14. Nov 13, 2023425 EDGAR
  15. Nov 9, 2023425 EDGAR
  16. Nov 9, 2023425 EDGAR
  17. Nov 9, 20236-K EDGAR
  18. Nov 8, 20236-K EDGAR
  19. Nov 7, 2023425 EDGAR
  20. Nov 7, 2023425 EDGAR

The 192 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How HUT 8 MINING CORP. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHUT 8 MINING CORP.1
  • CIK0001731805
  • Filer status<br>emerging growth company1
  • Incorporated inBritish Columbia, Canada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6199 Finance Services1
  • Business address24 Duncan Street, Suite 500, Toronto, A6 M5V 2B81
  • Phone647-256-19921
  • Shares outstanding220,547,442 as of Dec 31, 20223
  • On EDGAR sinceFeb 22, 20181
  • Filings247 in all: 6-K (143), 425 (79), SUPPL (6), D (3), 40-F (2), F-10 (2), F-X (2), S-8 POS (2)1
    All 16 form types

    15-12G (1), 25-NSE (1), 8-A12B (1), CERT (1), EFFECT (1), F-10/A (1), F-10POS (1), S-8 (1)

  • Latest filingsAnnual report (40-F) Mar 9, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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