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HUT – Hut 8 Mining Corp

Compliant

★★★★☆

Hut 8 Mining Corp is Shariah compliant. The company’s financials pass four standards and fail in one.

$430,657,232

Market cap

23.25%

Revenue Growth

BUY

Analysts' Rating

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Recommendation Rating

1.8

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 8.13

Low: 3.83

High: 14.57

Total Analysts: 5

Company Profile

Hut 8 Mining Corp. is a Canada-based bitcoin mining company. The Company is a digital asset miner that supports open and decentralized systems. It utilizes specialized equipment to solve computational problems to validate transactions on the bitcoin blockchain and offers hosting services to institutional clients. It owns five data mining centers with an information technology offering that includes scalable cloud services. Its data center business includes over 36,000 square feet of geo-diverse data center space, powered by renewable energy sources. It is engaged in creating a hybrid data center model that serves both the traditional high-performance compute (Eeb 2.0) and digital asset computing sectors and Eeb 3.0. Its platform serves various industry verticals, including gaming, visual effects and government agencies. It also offers a platform for the development of applications and services to markets and customers in the digital asset, blockchain, gaming and Web 3.0 industries.

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