Hut 8 Mining Revenue

What is the Revenue of Hut 8 Mining?

The Revenue of Hut 8 Mining Corp. is CAD$147.560M

What is the definition of Revenue?



Revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

ttm (trailing twelve months)

Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period.

In accounting, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.

Revenue of companies in the Finance sector on OTC compared to Hut 8 Mining

What does Hut 8 Mining do?

Hut 8 Mining Corp. operates as a cryptocurrency mining company in Canada. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBox AC data centers in Drumheller, Alberta; and 56 BlockBox AC data centers in Medicine Hat, Alberta. The company is headquartered in Toronto, Canada.

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