Revenue projection to 2029
Company: Hut 8
The claim, verbatim
Hut 8 projects $1.7 billion revenue by 2029
Source (primary)
Is Hut 8’s (HUT) AI Safeguard Push Reframing Its Dual Bet on Data Centers and Bitcoin? - finance.yahoo.com (-, news_article)
View cached copy (2026-09-22)Live source ↗
Quote: “Hut 8's narrative projects $1.7 billion revenue and $194.2 million earnings by 2029.”
How we checked this
Checked on September 26, 2026. The cited source supports part of this claim, but not all of it.
The $1.7 billion revenue figure for 2029 comes from Simply Wall St's own narrative model for Hut 8, which the article publishes. The article does not present it as a forecast issued by the company.
Confirmed in the source:
- A projection of $1.7 billion in Hut 8 revenue by 2029 appears in the article, attributed to Simply Wall St's 'narrative' for Hut 8
We could not confirm this from the cited source:
- That Hut 8 itself, as a company, projects $1.7 billion in revenue by 2029
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/hut-8-hut-ai-safeguard-231731982.html) in full (11,782 characters, retrieved September 22, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Is Hut 8’s (HUT) AI Safeguard Push Reframing Its Dual Bet on Data Centers and Bitcoin? - finance.yahoo.com
Quote: “Hut 8's narrative projects $1.7 billion revenue and $194.2 million earnings by 2029.”