BTC Holdings
16,332 BTC
180d
Stock PriceUpdated 11h ago
$124.83▲ 0.47%
180d
Total financing
3.65B USD
180d
mNAV
12.73x▲ 0.60%
180d
Leverage
291.1%
180d
BTC Risk
0.00%0.3x
Sats/Share
13,353
180d
Mkt capFD
15.27B USD
SharesFD
122.31M
Fiat reserve
160.02M USD
Total reserve
1.36B USD
Dilution
8.6%
Coverage
5.1 yr
BTC mix
5%
Analytics
BTC Coverage
FinancialsUnverified
US-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$2.6B▼2.9%
Total Liabilities$919.6M▼11.1%
Stockholders' Equity$1.4B▼4.3%
Cash & Equivalents$160M▲377.8%
Total Debt$405.8M▲155.9%
Digital Assets$1.1B
Income Statement
Revenue$71M
Operating Income$-370.4M▼609.8%
Net Income$-219.8M▼538.7%
Interest Expense$9.2M▲7.3%
Cash Flow
Operating Cash Flow$-27.2M
ATM Programs
Common
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| HUT-Jun29 | Jun '24 – Jun '29 | 8% | 150.00M USD | 159.28M USD | 16.39 USD | >10x |
| Total | 159.28M USD | |||||
Recent Changes
Mon, May 4, 2026
Shares Outstanding
112.5M→112.6M+47.9K(+0.0%)
Form 10-Q (Q1 2026)
Fri, May 1, 2026
Debt OutstandingRepaymentHUT-CB26
200.0M→0-200.0M(-100.0%)
Coinbase loan terminated; refinanced into FalconX
Form 10-Q (Q1 2026)Debt OutstandingIssuanceHUT-Apr27
200.0M
Proceeds used to pay off Coinbase credit facility
Form 10-Q (Q1 2026)Thu, Apr 30, 2026
Debt OutstandingIssuanceHUT-Nov42
3.25B
Expected close per pricing announcement; non-recourse to Hut 8 Corp.
Form 8-K (River Bend project notes pricing)Tue, Mar 31, 2026
BTC Holdings
15.7K→16.3K+653 BTC(+4.2%)
9,311 BTC held by Hut 8 + 7,021 BTC held by American Bitcoin
Form 10-Q (Q1 2026)Shares Outstanding
110.9M→112.5M+1.7M(+1.5%)
Form 10-Q (Q1 2026)
Debt OutstandingRepaymentHUT-TZRC
49.6M→43.3M-6.2M(-12.6%)
$8.0M principal paid in Q1 2026; $1.8M PIK interest accrued
Form 10-Q (Q1 2026)Fiat Reserve
44.9M→160.0M+115.1M(+256.3%)USD
Form 10-Q (Q1 2026)
ATM Activity2026-01-01 – 2026-03-31
2.1M shares$120.9M
Issuance costs of $0.8M; net proceeds ~$120.1M.
Form 10-Q (Q1 2026)Tue, Feb 24, 2026
Shares Outstanding
110.1M→110.9M+795.9K(+0.7%)
Form 10-K (FY 2025)
Wed, Dec 31, 2025
BTC Holdings
13.7K→15.7K+1,983 BTC(+14.5%)
Derived from CryptoAssetFairValue. Consolidated: ~10,278 Hut 8 + 5,401 American Bitcoin
Form 10-K (FY 2025)Shares Outstanding
106.3M→110.1M+3.8M(+3.6%)
Form 10-K (FY 2025)
Debt OutstandingHUT-TZRC
56.7M→49.6M-7.1M(-12.5%)
Form 10-K (FY 2025)
Fiat Reserve
33.5M→44.9M+11.4M(+34.1%)USD
Form 10-K (FY 2025)
Mon, Dec 22, 2025
Debt OutstandingHUT-CB26
200.0M
Fully drawn
Form 8-K (credit facility expansion to $200M)