$HUT 8-K cadence picked up in early June
$HUT filed two 8-Ks in the last 30 days (Jun 5, 2026 other event; Jun 4, 2026 uncategorized), above the trailing 90-day baseline median of 1 per 30 days.
Bitcoin miner
HUT
$HUTBitcoin miner where production, treasury policy, power costs, and hosting exposure frame equity risk.
TechnologyBitcoin miningBitcoin mining operations
What changed
What changed for this ticker
Signal summary
Sawse research signals
Scores summarize filing, market, ownership, and exposure records for research prioritization.
Filing Risk Score
84A
Regulatory filing quality and event signal from SEC disclosures
Key inputs: Recent Other Event · Recent Uncategorized 8k
BTC Exposure Score
80A
Degree of Bitcoin exposure relative to entity type
Key inputs: Bitcoin mining operations
Insider Activity Signal
47D
Net insider buying/selling pattern and cluster activity
Key inputs: 4 insider transaction clusters · 12 Form 4 transactions
Event Momentum Score
100A
Directional signal from recent SEC event categorizations
Key inputs: 12 recent SEC filings · 6 fresh source updates
Quote & Trading
Delayed quote
$127.76
-$1.73 (-1.30%)
Session timestamp: Jun 5, 2026, 9:30 PM
- Range
- 1M
- Start
- $78.08
- Latest
- $131.29
- Latest date
- Jun 3, 2026
Fundamentals
Showing the latest source-confirmed income statement values. The bar scale compares magnitude within this statement only; it is not a trend line and does not indicate positive or negative quality.
3 metrics · latest period Mar 31, 2026. 3 metrics include a prior-period comparison.
Revenue
71.02M USD
Net income
-219.85M USD
Operating income
-370.37M USD
| Metric | Value | Period | Prior | Change |
|---|---|---|---|---|
| Revenue | 71.02M USD | Mar 31, 2026 | 235.12M USD | -164.1M USD (-69.8%) |
| Net income | -219.85M USD | Mar 31, 2026 | -226.15M USD | +6.3M USD (2.8%) |
| Operating income | -370.37M USD | Mar 31, 2026 | -321.99M USD | -48.38M USD (-15.0%) |
Revenue
Mar 31, 2026
- Value
- 71.02M USD
- Change
- -164.1M USD (-69.8%)
- Prior
- 235.12M USD
Net income
Mar 31, 2026
- Value
- -219.85M USD
- Change
- +6.3M USD (2.8%)
- Prior
- -226.15M USD
Operating income
Mar 31, 2026
- Value
- -370.37M USD
- Change
- -48.38M USD (-15.0%)
- Prior
- -321.99M USD
SEC Filings
Risk Factor Watch
21 source-confirmed changes detected
Compared 10-K 2026-02-25 with 10-K 2025-03-03.
8 Added5 Changed8 Removed
New / expanded language
● We face risks associated with the King Mountain JV and American Bitcoin, and may face similar risks in the future by entering into other joint ventures or launching or spinning out other consolidated businesses.
● Our operations and growth may be adversely affected by geographic concentration and market-specific conditions.
4 Table of Contents ● We may face the risk of Internet-related disruptions.
Materially changed
● Some of our infrastructure is located on leased premises and the termination or higher renewal rate of our leases could materially adversely affect our business, financial condition, and results of operations.
Risks Related to Bitcoin, Including ASIC Compute ● We and our consolidated subsidiary, American Bitcoin, are highly concentrated in Bitcoin.
As of December 31, 2025, our Digital Infrastructure layer comprised five ASIC compute data centers, five traditional cloud and colocation data centers, and one non-operational ASIC compute site.
8 removed risk-factor candidates
4 Table of Contents Risks Related to Bitcoin ● If we fail to grow our hashrate, we may be unable to compete, and our business, financial condition, and results of operations could suffer.
● Our reliance on third-party mining pool service providers, including Foundry and Luxor, for our mining revenue payouts may have a negative impact on our business, financial condition, and results of operations.
● The Bitcoin reward for successfully uncovering a block will halve several times in the future and Bitcoin’s value may not adjust to compensate us for the reduction in the rewards we receive from our mining efforts.
● Our operations, investment strategies, and profitability may be adversely affected by competition from other methods of investing in Bitcoin.
Source-extracted Item 1A comparison.
Jun 5, 2026View on SEC
Jun 4, 2026View on SEC
Item 7.01Regulation FD DisclosureItem 9.01Financial Statements and Exhibits
May 26, 2026View on SEC
May 13, 2026View on SEC
May 13, 2026View on SEC
Insider Activity
Form 4 context
Recent insider transaction activity
The 30, 90, and 365 day windows are measured backward from the newest Form 4 row loaded for this ticker. “Acquired” and “Disposed” are the Form 4 share-direction fields; they are not a Sawse conclusion about insider intent.
A cluster groups related Form 4 rows with the same transaction direction and code inside a weekly date window. Sawse flags a group as a cluster when it has multiple rows, multiple reporting owners, or at least 100,000 reported shares.
Loaded Form 4 rows12
90-day net activity-74,628Net disposed
90-day net value-$6.98MFrom 9 priced rows
Detected clusters4
Last 30 days
- Rows
- 6
- Acquired
- 27,100
- Disposed
- 91,605
- Net shares
- -64,505
- Net value
- -$6.48M
Last 90 days
- Rows
- 12
- Acquired
- 52,054
- Disposed
- 126,682
- Net shares
- -74,628
- Net value
- -$6.98M
Last 365 days
- Rows
- 12
- Acquired
- 52,054
- Disposed
- 126,682
- Net shares
- -74,628
- Net value
- -$6.98M
Cluster filter
Use clusters to inspect grouped Form 4 activity without scrolling through the full table.
Unclustered single rows remain in the table when All groups is selected.
12 transaction rows match the active filters; 12 rows are shown.
| Insider | Role | Group | Direction | Shares | Dollar value | Date |
|---|---|---|---|---|---|---|
| Wilkinson Amy Marie | director | Single row | Disposed | 20,000 | $2.02M | May 21, 2026 |
| Rickertsen Rick | director | Cluster 1 | Disposed | 17,491 | $1.92M | May 13, 2026 |
| Rickertsen Rick | director | Cluster 1 | Disposed | 16,496 | $1.73M | May 11, 2026 |
| Semah Victor | Chief Legal Officer, officer | Single row | Disposed | 10,518 | $808.15K | May 4, 2026 |
| Semah Victor | Chief Legal Officer, officer | Single row | Acquired | 27,100 | — | May 1, 2026 |
| Semah Victor | Chief Legal Officer, officer | Single row | Disposed | 27,100 | $0 | May 1, 2026 |
| Glennan Sean Joseph | Chief Financial Officer, officer | Cluster 2 | Disposed | 4,625 | $226.87K | Mar 10, 2026 |
| Semah Victor | Chief Legal Officer, officer | Cluster 2 | Disposed | 5,498 | $269.69K | Mar 10, 2026 |
| Glennan Sean Joseph | Chief Financial Officer, officer | Cluster 3 | Acquired | 10,398 | — | Mar 7, 2026 |
| Glennan Sean Joseph | Chief Financial Officer, officer | Cluster 4 | Disposed | 10,398 | $0 | Mar 7, 2026 |
| Semah Victor | Chief Legal Officer, officer | Cluster 4 | Disposed | 14,556 | $0 | Mar 7, 2026 |
| Semah Victor | Chief Legal Officer, officer | Cluster 3 | Acquired | 14,556 | — | Mar 7, 2026 |
Wilkinson Amy Marie
director
Single row
- Direction
- Disposed
- Shares
- 20,000
- Dollar value
- $2.02M
- Date
- May 21, 2026
Rickertsen Rick
director
Cluster 1
- Direction
- Disposed
- Shares
- 17,491
- Dollar value
- $1.92M
- Date
- May 13, 2026
Rickertsen Rick
director
Cluster 1
- Direction
- Disposed
- Shares
- 16,496
- Dollar value
- $1.73M
- Date
- May 11, 2026
Semah Victor
Chief Legal Officer, officer
Single row
- Direction
- Disposed
- Shares
- 10,518
- Dollar value
- $808.15K
- Date
- May 4, 2026
Semah Victor
Chief Legal Officer, officer
Single row
- Direction
- Acquired
- Shares
- 27,100
- Dollar value
- —
- Date
- May 1, 2026
Semah Victor
Chief Legal Officer, officer
Single row
- Direction
- Disposed
- Shares
- 27,100
- Dollar value
- $0
- Date
- May 1, 2026
Glennan Sean Joseph
Chief Financial Officer, officer
Cluster 2
- Direction
- Disposed
- Shares
- 4,625
- Dollar value
- $226.87K
- Date
- Mar 10, 2026
Semah Victor
Chief Legal Officer, officer
Cluster 2
- Direction
- Disposed
- Shares
- 5,498
- Dollar value
- $269.69K
- Date
- Mar 10, 2026
Glennan Sean Joseph
Chief Financial Officer, officer
Cluster 3
- Direction
- Acquired
- Shares
- 10,398
- Dollar value
- —
- Date
- Mar 7, 2026
Glennan Sean Joseph
Chief Financial Officer, officer
Cluster 4
- Direction
- Disposed
- Shares
- 10,398
- Dollar value
- $0
- Date
- Mar 7, 2026
Semah Victor
Chief Legal Officer, officer
Cluster 4
- Direction
- Disposed
- Shares
- 14,556
- Dollar value
- $0
- Date
- Mar 7, 2026
Semah Victor
Chief Legal Officer, officer
Cluster 3
- Direction
- Acquired
- Shares
- 14,556
- Dollar value
- —
- Date
- Mar 7, 2026
Institutional Ownership
This is a partial 13F manager view, not a full shareholder register. Concentration percentages describe the manager positions currently loaded in this table. The shares-outstanding percentage divides each manager's reported shares by the latest public share-count record when available.
Observed 13F managers8
Loaded filings
Largest loaded manager9.0%
Of loaded 13F shares
Top 10 loaded share—
Only 8 loaded
Top 25 loaded share—
Only 8 loaded
Rows with movement6
Position or value
Source: SEC 13F filings. 13F reports can arrive up to 45 days after quarter end and do not represent every shareholder. Position change is the reported share-count change versus the prior available filing. Value change is the reported market-value change and can move even when the share count is unchanged.
| Manager | Period | Shares | % Shares out. | Value | Movement |
|---|---|---|---|---|---|
| AQR Capital Management, LLCPosition and value moved | Mar 2026 | 52.76K | 0.05% | $2.48B | Position+52.56KValue+$2.47B |
| AQR Capital Management, LLCLarge position move | Mar 2026 | 3 | 0.00% | $141K | Position-201Value-$9.23M |
| AQR Capital Management, LLC | Mar 2026 | 192 | 0.00% | $9.01M | Position-12Value-$365K |
| AQR Capital Management, LLC | Mar 2026 | 203 | 0.00% | $9.52M | Position-1Value+$151K |
| AQR Capital Management, LLCLarge position move | Mar 2026 | 99 | 0.00% | $4.64M | Position-105Value-$4.73M |
| Bank of America CorpPosition and value moved | Mar 2026 | 262.44K | 0.24% | $12.31B | Position+261.73KValue+$12.28B |
| Bank of America CorpPosition and value moved | Mar 2026 | 269.8K | 0.24% | $12.66B | Position+269.08KValue+$12.62B |
| AQR Capital Management, LLCLarge position move | Mar 2026 | 3 | 0.00% | $141K | Position-201Value-$9.23M |
AQR Capital Management, LLCPosition and value moved
Mar 2026
- Shares
- 52.76K
- % Shares out.
- 0.05%
- Value
- $2.48B
- Movement
- Position+52.56KValue+$2.47B
AQR Capital Management, LLCLarge position move
Mar 2026
- Shares
- 3
- % Shares out.
- 0.00%
- Value
- $141K
- Movement
- Position-201Value-$9.23M
AQR Capital Management, LLC
Mar 2026
- Shares
- 192
- % Shares out.
- 0.00%
- Value
- $9.01M
- Movement
- Position-12Value-$365K
AQR Capital Management, LLC
Mar 2026
- Shares
- 203
- % Shares out.
- 0.00%
- Value
- $9.52M
- Movement
- Position-1Value+$151K
AQR Capital Management, LLCLarge position move
Mar 2026
- Shares
- 99
- % Shares out.
- 0.00%
- Value
- $4.64M
- Movement
- Position-105Value-$4.73M
Bank of America CorpPosition and value moved
Mar 2026
- Shares
- 262.44K
- % Shares out.
- 0.24%
- Value
- $12.31B
- Movement
- Position+261.73KValue+$12.28B
Bank of America CorpPosition and value moved
Mar 2026
- Shares
- 269.8K
- % Shares out.
- 0.24%
- Value
- $12.66B
- Movement
- Position+269.08KValue+$12.62B
AQR Capital Management, LLCLarge position move
Mar 2026
- Shares
- 3
- % Shares out.
- 0.00%
- Value
- $141K
- Movement
- Position-201Value-$9.23M
Crypto Context
Bitcoin mining operations
HUT crypto exposure readout
Latest filing8-K · May 6, 2026
Installed hashrate14.86 EH/s10-Q filed May 5, 2026
BTC held16.3K BTC10-Q filed May 5, 2026
Mining cost per BTC$27.96K10-K filed Mar 2, 2025
HUT's crypto exposure should be read alongside its equity valuation, financing choices, dilution risk, taxes, and operating business.
Editorial Coverage
| Title | Type |
|---|---|
| HUT insider tape: Rickertsen's $3.66 million sale cluster lands at a 52-week high | Insider Activity |
| HUT's 10-Q arrives as the stock has already priced in a lot of good news | Filing Summary |
| HUT draws a $200 million Bitcoin-backed credit line | Filing Summary |
| HUT's September 10-Q: production economics meet a disclosure cadence that demands attention | Filing Summary |
| HUT's February 8-K puts operating results on the table before the annual filing lands | Filing Summary |
| HUT's 10-K shows a miner that rewrote its risk profile in 2025 | Filing Summary |
| $HUT 8-K cadence picked up in early June | Observation |
Filing Summary
$HUT 8-K cadence picked up in early June
Observation
Peer Comparison
| Ticker | Category | Latest revenue | Filing Risk0-100 | BTC Exposure0-100 | Insider Signal0-100 | Event Momentum0-100 |
|---|---|---|---|---|---|---|
| $HUTHUT | Bitcoin miner | 71.02M | 84 | 80 | 47 | 100 |
| $MARAMARA Holdings | Bitcoin miner | 174.61M | 100 | 80 | 30 | 100 |
| $RIOTRiot Platforms | Bitcoin miner | 167.22M | 100 | 80 | 25 | 100 |
| $CLSKCleanSpark | Bitcoin miner | 766.31M | 100 | 80 | 50 | 100 |
$HUTHUT
Bitcoin miner
71.02M
- Filing Risk
- 84
- BTC Exposure
- 80
- Insider Signal
- 47
- Event Momentum
- 100
$MARAMARA Holdings
Bitcoin miner
174.61M
- Filing Risk
- 100
- BTC Exposure
- 80
- Insider Signal
- 30
- Event Momentum
- 100
$RIOTRiot Platforms
Bitcoin miner
167.22M
- Filing Risk
- 100
- BTC Exposure
- 80
- Insider Signal
- 25
- Event Momentum
- 100
$CLSKCleanSpark
Bitcoin miner
766.31M
- Filing Risk
- 100
- BTC Exposure
- 80
- Insider Signal
- 50
- Event Momentum
- 100
- Filing Risk
- Measures the intensity of SEC filing patterns.
- BTC Exposure
- Measures direct and operating exposure to bitcoin.
- Insider Signal
- Measures unusual Form 4 activity patterns.
- Event Momentum
- Measures recent material disclosure activity.
Scores run 0-100: higher means a stronger signal for that dimension, not a buy/sell rating. Market cap, YTD return, and P/E appear when quote history and share-count data are complete.