HUT Stock Up 24% after 5-Day Win Streak

HUT: Hut 8 logo
HUT
Hut 8

Hut 8 (HUT) stock hit day 5 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 24% return. The company has gained about $665 Mil in value over the last 5 days, with its current market capitalization at about $2.8 Bil. The stock remains 29.4% above its value at the end of 2024. This compares with year-to-date returns of 10.5% for the S&P 500.

HUT operates as a vertically integrated energy infrastructure provider and Bitcoin miner in North America, founded in 2017 and based in Miami, Florida.

Comparing HUT Stock Returns With The S&P 500

The following table summarizes the return for HUT stock vs. the S&P 500 index over different periods, including the current streak:
 

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Return Period HUT S&P 500
1D 0.6% 0.3%
5D (Current Streak) 24.1% 2.1%
1M (21D) 33.8% 2.2%
3M (63D) 72.4% 10.0%
YTD 2025 29.4% 10.5%
2024 53.6% 23.3%
2023   24.2%
2022   -19.4%

 
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. However, big gains can follow sharp reversals – but how has HUT behaved after prior drops? See HUT Dip Buyer Analysis to learn more.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 73 S&P constituents with 3 days or more of consecutive gains and 38 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 52 7
4D 3 30
5D 13 1
6D 3 0
7D or more 2 0
Total >=3 D 73 38

 
 
Key Financials for Hut 8 (HUT)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $128.7 Mil $671.7 Mil
Operating Income $7.8 Mil $464.4 Mil
Net Income $21.9 Mil $331.9 Mil

Last 2 Fiscal Quarters:

Metric 2025 FQ1 2025 FQ2
Revenues $-90.6 Mil $258.9 Mil
Operating Income $-145.2 Mil $187.5 Mil
Net Income $-133.9 Mil $137.3 Mil

 
While HUT stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.