Hut 8 (HUT) Invested Capital (2023 - 2026)
Hut 8's (HUT) quarterly Invested Capital came in at $9.4 billion in Q2 2026, up 451.05% on a YoY basis from $1.7 billion in Q2 2025, and up 348.34% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Hut 8 (HUT) Invested Capital (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Invested Capital for 4 consecutive years, with $9.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 451.05% year-over-year to $9.4 billion; the trailing twelve-month figure through Jun 2026 stood at $9.4 billion (up 451.05% YoY), and the FY2025 full-year result was $2.1 billion, up 55.98% from the prior year.
- Invested Capital grew to $9.4 billion in Q2 2026 per HUT's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Invested Capital topped out at $9.4 billion in Q2 2026 and bottomed at $165.2 million in Q3 2023.
- Historically, Invested Capital has averaged $1.8 billion across 4 years, with a median of $1.3 billion in 2025.
- The sharpest annual moves came in 2024 and 2025: Invested Capital soared 511.91% in 2024, then soared 41.26% in 2025.
- Over 4 years, Invested Capital stood at $675.1 million in 2023, then surged by 99.4% to $1.3 billion in 2024, then soared by 55.98% to $2.1 billion in 2025, then jumped by 347.34% to $9.4 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $9.4 billion, $2.1 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 11.95 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 9.39 Bn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 3.04 Bn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | 14.50 Mn |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 4.09 Bn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 2.58 Bn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 2.31 Bn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 1.36 Bn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 435.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.39 Bn |
| Mar 31, 2026 | 2.09 Bn |
| Dec 31, 2025 | 2.10 Bn |
| Sep 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 1.00 Bn |
| Mar 31, 2024 | 918.20 Mn |
| Dec 31, 2023 | 675.09 Mn |
| Sep 30, 2023 | 165.17 Mn |
| Jun 30, 2023 | 178.56 Mn |