Hut 8 Mining Corp (HUT) is trading -11% lower at $2.97 today. The Information Technology sector is having a generally slightly red day, this hasn't really affected the stock's share price, as it trailing behind other names in the space.

The price move is likely being affected by the fact that the company reported earnings 78 days ago.

Hut 8 Mining Corp has been trading between a 52-week high of $16.57 and a 52-week low of $1.27. The stock has a market cap of $570 Million.

Hut 8 is one of North America’s largest innovation-focused digital asset miners, supporting open and decentralized systems since 2018. Located in energy rich Alberta, Canada, Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined Bitcoin than any crypto miner or publicly traded company globally. Hut 8 is executing on its commitment to mining and holding Bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of Bitcoin’s market direction.

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