Toronto Stock Exchange · Financial Services
Invest in Hut 8 Mining stock from India
Indian and foreign residents can buy Hut 8 Mining (HUT) shares directly through Paasa.
By Paasa · Updated
Hut 8 Mining at a glance
- Price
- CA$137.00-CA$6.91 (4.80%)
- Market cap
- CA$16.89B
- Day range
- CA$135.50 – CA$144.63
- P/E
- -18.21
- Dividend yield
- None
- Volume
- 413.92K
- 1 month
- +16.16%
- 6 months
- +95.57%
- YTD
- +117.05%
- 1 year
- +196.47%
- 5 years
- +149.32%
Hut 8 Mining statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $239.2M | $671.7M | $81.8M | $156.9M | $173.8M |
| Gross profit | $25.9M | $585.1M | $21.2M | −$41.9M | $88.8M |
| Operating income | −$88.7M | $464.4M | −$13.3M | −$70.3M | $48.7M |
| Net income | −$230.1M | $331.9M | $6.3M | −$242.8M | −$72.7M |
| Earnings per share | −$2.18 | $3.48 | $0.32 | −$6.47 | −$1.53 |
| EBITDA | $17.7M | $531.1M | $1.4M | $3.6M | $74.7M |
| Total assets | $3.0B | $1.5B | $976.9M | $412.9M | $720.7M |
| Total debt | $444.8M | $345.6M | $203.3M | $47.4M | $40.7M |
| Cash and short-term investments | $47.2M | $85.0M | $47.4M | $30.5M | $140.1M |
| Shareholders' equity | $1.4B | $976.7M | $486.5M | $357.4M | $566.0M |
| Operating cash flow | −$141.7M | −$68.5M | −$26.5M | −$105.0M | −$80.2M |
| Free cash flow | −$362.4M | −$333.1M | −$27.3M | −$177.7M | −$166.7M |
| Capital expenditure | −$220.7M | −$264.6M | −$815.2K | −$72.7M | −$86.4M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Definity Financial | DFY.TO | CA$70.40 | CA$8.46B |
| Onex | ONEX.TO | CA$108.60 | CA$8.27B |
| E-L Financial | ELF.TO | CA$17.72 | CA$6.13B |
| Keel Infrastructure | BITF.TO | CA$7.74 | CA$4.67B |
| Canaccord Genuity | CF.TO | CA$14.18 | CA$1.43B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- —
- High
- —
- Median
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- Consensus
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Ratings: 15 buy · 1 hold · 0 sell. Consensus: Buy.
Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Hut 8 Mining from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search HUT and buy
Find Hut 8 Mining by name or by its ticker, HUT, and place your order.
Why invest in Hut 8 Mining from India
What Hut 8 Mining does
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. Hut 8 Mining operates in the Financial - Capital Markets industry within the Financial Services sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Hut 8 Mining stock from India?
Yes. Indian residents and NRIs can buy Hut 8 Mining (HUT) shares directly through Paasa. Hut 8 Mining is listed on the Toronto Stock Exchange, in the Financial - Capital Markets industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Hut 8 Mining dividends taxed for Indian investors?
Hut 8 Mining trades on the Toronto Stock Exchange but is domiciled in United States, so any withholding on its dividends follows that country's rules rather than those of Canada. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Hut 8 Mining shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.