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Hut 8 Mining Corp. HUT Payment for Acquisition, Crypto Asset

Payment for Acquisition, Crypto Asset at other companies

Riot Platforms, Inc. logo
Riot Platforms, Inc.RIOT
$144.38M

Other financials

Income statement

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Revenue$71.0M+226%
Gross profit$45.5M+1,341%
Operating income-$370.4M-151%
Net income-$219.8M-64.2%
EPS (diluted)-$1.98-52.3%

Balance sheet

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Cash & equivalents$160.0M+47.6%
Total debt$18.2M-65.3%
Total equity$1.4B+43.7%
Total assets$2.6B+66.0%

Cash flow

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Operating cash flow-$27.2M+19.6%
CapEx$36.6M-42.2%
Free cash flow-$63.8M+34.3%

Valuation

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Market cap$14.01B+331%
Enterprise value$13.87B+340%
P/S49.3×+24.7×

Profitability

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Gross margin59.7%+17.9pp
Operating margin-191.6%-226pp
Net margin-109.8%-256pp
FCF margin-108.6%-32.4pp

Returns & leverage

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Return on equity-26.7%-38.4pp
Debt / equity0.0×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Hut 8 Mining Corp. in its filing.

Tagged under the XBRL concept us-gaap:PaymentForAcquisitionCryptoAsset.

The official record: Hut 8 Mining Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s payment for acquisition, crypto asset?
Hut 8 Mining Corp. (HUT) reported payment for acquisition, crypto asset of $61.32M in Q1 2026.
What does payment for acquisition, crypto asset mean?
Cash spent to acquire digital assets.
How do you interpret payment for acquisition, crypto asset?
Higher spending indicates a strategy of accumulating digital assets, whereas lower spending may signal a focus on liquidity or infrastructure investment.
How does payment for acquisition, crypto asset compare across companies?
Common for companies with a 'HODL' strategy or those managing digital asset reserves.