MetaCap

Hut 8 (HUT) vs Ionic Digital (IOND)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Hut 8 is the larger company by market cap ($9.81 billion vs $3.57 billion), about 2.7 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HUT-21.31%IOND+26.22%
+41%+7%-26%
Jul 28, 20261 yearOct 8, 2026
HUT-26.05%IOND+13.40%
+23%-3%-29%
Jul 27, 20265 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HUT versus IOND key metrics
MetricHUTIOND
Share price$79.59$79.39
Market cap$9.81B$3.57B
1-day change-10.87%-3.82%
YTD return+73.25%—
1-year return+78.45%—
5-year return+30.26%—
Forward P/E—33.78
EPS (TTM)$-5.42$-6.68
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$235.12M—
Revenue growth (YoY)+44.79%—
Net income (latest FY)$-226.15M—
Gross margin54.16%—
Operating margin-136.95%—
Net margin-96.19%—
52-week high$140.80$89.36
52-week low$31.67$50.00
Distance from 52-week high-43.47%-11.16%
Analyst consensusstrong_buynone
Avg. price target upside+96.07%+7.07%
Average volume4.70M804.24K
Shares outstanding123.26M45.00M
Employees24815
SectorFinanceFinance
IndustryFinance: Consumer ServicesFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Hut 8 is about 2.7 times larger than Ionic Digital by market value ($9.81B vs $3.57B).

About Hut 8

HUT stock →

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.

Finance · Finance: Consumer Services · 248 employees

About Ionic Digital

IOND stock →

Ionic Digital Inc. operates as a digital infrastructure solutions and cryptocurrency mining company.

Finance · Finance: Consumer Services · 15 employees

HUT vs IOND FAQ

Which is bigger, Hut 8 or Ionic Digital?

Hut 8 (HUT) is larger, with a market capitalization of $9.81B compared with $3.57B for Ionic Digital (IOND).

Are Hut 8 and Ionic Digital in the same industry?

Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.

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