HUT Stock Up 29% after 8-Day Win Streak
Hut 8 (HUT) stock hit day 8 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 29% return. The company has gained about $850 Mil in value over the last 8 days, with its current market capitalization at about $2.9 Bil. The stock remains 35.0% above its value at the end of 2024. This compares with year-to-date returns of 9.6% 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:
| Return Period | HUT | S&P 500 |
|---|---|---|
| 1D | 1.0% | 0.5% |
| 8D (Current Streak) | 29.5% | 1.2% |
| 1M (21D) | 30.6% | 1.9% |
| 3M (63D) | 72.3% | 8.0% |
| YTD 2025 | 35.0% | 9.6% |
| 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 32 S&P constituents with 3 days or more of consecutive gains and 102 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 20 | 43 |
| 4D | 7 | 41 |
| 5D | 3 | 9 |
| 6D | 1 | 2 |
| 7D or more | 1 | 7 |
| Total >=3 D | 32 | 102 |
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.