Hut 8 (HUT)

Cash burn rate (est.)	Burn method: Change in cash	Burn method: Operating income	Burn method: FCF (opex + capex)
Cash on hand (at last report)	72.91 mm	72.91 mm	72.91 mm
Cash burn (monthly)	(no burn)	523.00 k	(no burn)
Cash used (since last report)	n/a	1.46 mm	n/a
Cash remaining	n/a	71.45 mm	n/a
Runway (months of cash)	n/a	136.6	n/a

Beta Read what these cash burn values mean

Financial data from Hut 8 earnings reports.

Institutional ownership, Q2 2024

HUT institutional ownership history Ownership history

56.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	139	97	+43.3%
Opened positions	62	37	+67.6%
Closed positions	20	30	-33.3%
Increased positions	34	24	+41.7%
Reduced positions	20	11	+81.8%

13F shares	Current	Prev Q	Change
Total value	593.35 bn	169.56 bn	+249.9%
Total shares	50.19 mm	16.76 mm	+199.5%
Total puts	3.41 mm	2.85 mm	+19.8%
Total calls	4.69 mm	2.83 mm	+65.6%
Total put/call ratio	0.7	1.0	-27.7%

Largest owners	Shares	Value	Change
Coatue Management	9.15 mm	$137.15 mm	NEW
BLK BlackRock	6.27 mm	$94.03 bn	+1182.3%
Vanguard	5.60 mm	$83.99 bn	+101.0%
Moore Capital Management	3.14 mm	$47.05 bn	NEW
Castle Hook Partners	2.49 mm	$37.34 bn	NEW
STT State Street	2.43 mm	$36.48 bn	+188.8%
Toroso Investments	2.03 mm	$30.42 bn	+23.1%
Geode Capital Management	1.81 mm	$27.17 bn	+297.0%
MS Morgan Stanley	1.75 mm	$26.17 bn	+458.2%
JPM JPMorgan Chase & Co.	1.42 mm	$21.30 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Coatue Management	9.15 mm	+9.15 mm	NEW
BLK BlackRock	6.27 mm	+5.78 mm	+1182.3%
Moore Capital Management	3.14 mm	+3.14 mm	NEW
Vanguard	5.60 mm	+2.82 mm	+101.0%
Castle Hook Partners	2.49 mm	+2.49 mm	NEW
FMR	0.00	-2.35 mm	EXIT
STT State Street	2.43 mm	+1.59 mm	+188.8%
MS Morgan Stanley	1.75 mm	+1.43 mm	+458.2%
JPM JPMorgan Chase & Co.	1.42 mm	+1.42 mm	NEW
Susquehanna International	371.97 k	-1.37 mm	-78.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HUT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Aug 24	Sean Joseph Glennan	Performance Stock Units Common Stock	Grant	Acquire A	No	No	0	37,065	0.00	37,065
21 Aug 24	Sean Joseph Glennan	RSU Common Stock	Grant	Acquire A	No	No	0	37,065	0.00	37,065
16 Aug 24	Joseph Flinn	Common Stock	Sell	Dispose S	No	No	11.7389	7,618	89.43 k	11,861
15 Aug 24	Joseph Flinn	Common Stock	Option exercise	Acquire M	No	No	0	17,918	0.00	19,479
15 Aug 24	Joseph Flinn	RSU Common Stock	Option exercise	Dispose M	No	No	0	17,918	0.00	0
12 Aug 24	Shattuck Mayo A Iii	RSU Common Stock	Grant	Acquire A	No	No	0	19,602	0.00	19,602
21 Jun 24	Alexia Hefti	Common Stock	Option exercise	Acquire M	No	No	0	16,211	0.00	16,211
21 Jun 24	Alexia Hefti	RSU Common Stock	Option exercise	Dispose M	No	No	0	16,211	0.00	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.