Hut 8 Corp. (HUT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
HUT currently has 111M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 22.86% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 06, 2026 |
10-Q filing | 111.1M shares outstanding |
110M | 0 |
| Jun 30, 2025 |
8-K filing: American Bitcoin Corp., a subsidiary of Hut 8 Corp., sold 11,002,954 shares of Class A common stock in a private placement for gross proceeds of $220,059,080, with $10 million of shares sold for Bitcoin. ($220.06M proceeds) |
100M | 0 |
| May 08, 2025 |
10-Q filing | 102.9M shares outstanding |
100M | 0 |
| Mar 03, 2025 |
10-K filing | 101.0M shares outstanding |
100M | 0 |
| Nov 13, 2024 |
10-Q filing | 91.2M shares outstanding |
91M | 0 |
| Oct 01, 2024 |
8-K filing: Hut 8 Corp. issued 2,313,435 shares of common stock at $16.395 per share to Anchorage Lending CA, LLC in exchange for the satisfaction of $37,928,768.53 of outstanding debt. ($37.93M proceeds) |
90M | 0 |
| Aug 13, 2024 |
10-Q filing | 90.2M shares outstanding |
90M | 0 |
| Jun 24, 2024 |
8-K filing: Hut 8 Corp. entered into a Convertible Note Purchase Agreement with Coatue Tactical Solutions Lending Holdings AIV 3 LP for the purchase and sale of a convertible note in the principal amount of $150.0 million, convertible into up to 9,149,131 shares of common stock at an initial conversion price of $16.395 per share. ($150.0M proceeds) |
89M | 0 |
| May 15, 2024 |
10-Q filing | 89.1M shares outstanding |
89M | 0 |
| Dec 19, 2023 |
10-Q filing | 89.0M shares outstanding |
89M | 0 |