Hut 8 (HUT) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +21.5% | -4.7% | -11.9% | +61.5% | +64.7% | -7.5% | -8.4% | — | — | — | — | — |
| 2025 | +5.9% | -32.0% | -21.2% | +5.9% | +24.0% | +21.8% | +14.1% | +25.9% | +30.2% | +45.5% | -11.2% | +2.1% |
| 2024 | -44.0% | +13.7% | +30.0% | -28.8% | +10.6% | +72.5% | -2.3% | -30.9% | +21.3% | +28.8% | +77.5% | -26.9% |
| 2023 | +127.1% | -14.5% | +12.1% | -3.2% | +20.7% | +52.8% | +7.9% | -31.7% | -19.8% | +11.3% | -12.4% | +40.4% |
| 2022 | -24.3% | +2.9% | -9.7% | -35.5% | -28.4% | -47.8% | +59.4% | -4.2% | -12.3% | +25.8% | -46.9% | -28.6% |
| 2021 | +38.2% | +107.4% | -3.9% | -28.0% | -25.3% | +8.1% | +7.5% | +66.2% | +6.9% | +59.5% | -10.1% | -34.9% |
| 2020 | +21.2% | -5.3% | -42.7% | +17.8% | +107.2% | -39.0% | +13.8% | -6.2% | -9.8% | +30.3% | +49.4% | +91.0% |
| 2019 | +24.3% | -24.3% | -33.3% | +79.9% | +43.2% | +21.9% | -13.6% | -3.6% | -6.5% | -13.3% | -28.1% | -21.6% |
| 2018 | — | — | — | +31.0% | -8.1% | -26.6% | -1.8% | +21.2% | -17.8% | -1.6% | -37.0% | -23.6% |
| Avg | +21.2% | +5.4% | -10.1% | +11.2% | +23.2% | +6.2% | +10.6% | +4.6% | -1.0% | +23.3% | -2.4% | -0.3% |
| Median | +21.4% | -5.0% | -10.8% | +5.9% | +20.7% | +8.1% | +7.7% | -3.9% | -8.1% | +27.3% | -11.8% | -22.6% |
| Last 5Y Avg | +17.2% | -6.9% | -0.1% | -0.0% | +18.3% | +18.3% | +17.3% | +5.0% | +5.3% | +34.2% | -0.6% | -9.6% |
| Std Dev (σ) | 50.8% | 43.7% | 23.5% | 40.7% | 43.8% | 40.8% | 21.8% | 32.4% | 18.5% | 23.9% | 43.3% | 44.2% |
| Consistency (μ/σ) | 0.42 | 0.12 | -0.43 | 0.27 | 0.53 | 0.15 | 0.49 | 0.14 | -0.05 | 0.97 | -0.05 | -0.01 |
| Win Rate (%) | 75% | 38% | 25% | 56% | 67% | 56% | 63% | 38% | 38% | 75% | 25% | 38% |
| Winning / Losing Months | ▲6▼2 | ▲3▼5 | ▲2▼6 | ▲5▼4 | ▲6▼3 | ▲5▼4 | ▲5▼3 | ▲3▼5 | ▲3▼5 | ▲6▼2 | ▲2▼6 | ▲3▼5 |
| Longest Win / Loss Streak | ▲3▼1 | ▲2▼2 | ▲2▼4 | ▲3▼4 | ▲4▼2 | ▲3▼1 | ▲4▼2 | ▲1▼3 | ▲2▼3 | ▲6▼2 | ▲1▼3 | ▲1▼2 |
| Best | +127.1%in January 2023 | +107.4%in February 2021 | +30.0%in March 2024 | +79.9%in April 2019 | +107.2%in May 2020 | +72.5%in June 2024 | +59.4%in July 2022 | +66.2%in August 2021 | +30.2%in September 2025 | +59.5%in October 2021 | +77.5%in November 2024 | +91.0%in December 2020 |
| Worst | -44.0%in January 2024 | -32.0%in February 2025 | -42.7%in March 2020 | -35.5%in April 2022 | -28.4%in May 2022 | -47.8%in June 2022 | -13.6%in July 2019 | -31.7%in August 2023 | -19.8%in September 2023 | -13.3%in October 2019 | -46.9%in November 2022 | -34.9%in December 2021 |
−47.8%+127.1%
2026
Jan+21.5%
Feb-4.7%
Mar-11.9%
Apr+61.5%
May+64.7%
Jun-7.5%
Jul-8.4%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+5.9%
Feb-32.0%
Mar-21.2%
Apr+5.9%
May+24.0%
Jun+21.8%
Jul+14.1%
Aug+25.9%
Sep+30.2%
Oct+45.5%
Nov-11.2%
Dec+2.1%
2024
Jan-44.0%
Feb+13.7%
Mar+30.0%
Apr-28.8%
May+10.6%
Jun+72.5%
Jul-2.3%
Aug-30.9%
Sep+21.3%
Oct+28.8%
Nov+77.5%
Dec-26.9%
2023
Jan+127.1%
Feb-14.5%
Mar+12.1%
Apr-3.2%
May+20.7%
Jun+52.8%
Jul+7.9%
Aug-31.7%
Sep-19.8%
Oct+11.3%
Nov-12.4%
Dec+40.4%
2022
Jan-24.3%
Feb+2.9%
Mar-9.7%
Apr-35.5%
May-28.4%
Jun-47.8%
Jul+59.4%
Aug-4.2%
Sep-12.3%
Oct+25.8%
Nov-46.9%
Dec-28.6%
2021
Jan+38.2%
Feb+107.4%
Mar-3.9%
Apr-28.0%
May-25.3%
Jun+8.1%
Jul+7.5%
Aug+66.2%
Sep+6.9%
Oct+59.5%
Nov-10.1%
Dec-34.9%
2020
Jan+21.2%
Feb-5.3%
Mar-42.7%
Apr+17.8%
May+107.2%
Jun-39.0%
Jul+13.8%
Aug-6.2%
Sep-9.8%
Oct+30.3%
Nov+49.4%
Dec+91.0%
2019
Jan+24.3%
Feb-24.3%
Mar-33.3%
Apr+79.9%
May+43.2%
Jun+21.9%
Jul-13.6%
Aug-3.6%
Sep-6.5%
Oct-13.3%
Nov-28.1%
Dec-21.6%
2018
Jan—
Feb—
Mar—
Apr+31.0%
May-8.1%
Jun-26.6%
Jul-1.8%
Aug+21.2%
Sep-17.8%
Oct-1.6%
Nov-37.0%
Dec-23.6%
Avg
Jan+21.2%
Feb+5.4%
Mar-10.1%
Apr+11.2%
May+23.2%
Jun+6.2%
Jul+10.6%
Aug+4.6%
Sep-1.0%
Oct+23.3%
Nov-2.4%
Dec-0.3%
Median
Jan+21.4%
Feb-5.0%
Mar-10.8%
Apr+5.9%
May+20.7%
Jun+8.1%
Jul+7.7%
Aug-3.9%
Sep-8.1%
Oct+27.3%
Nov-11.8%
Dec-22.6%
Last 5Y Avg
Jan+17.2%
Feb-6.9%
Mar-0.1%
Apr-0.0%
May+18.3%
Jun+18.3%
Jul+17.3%
Aug+5.0%
Sep+5.3%
Oct+34.2%
Nov-0.6%
Dec-9.6%
Std Dev (σ)
Jan50.8%
Feb43.7%
Mar23.5%
Apr40.7%
May43.8%
Jun40.8%
Jul21.8%
Aug32.4%
Sep18.5%
Oct23.9%
Nov43.3%
Dec44.2%
Consistency (μ/σ)
Jan0.42
Feb0.12
Mar-0.43
Apr0.27
May0.53
Jun0.15
Jul0.49
Aug0.14
Sep-0.05
Oct0.97
Nov-0.05
Dec-0.01
Win Rate (%)
Jan75%
Feb38%
Mar25%
Apr56%
May67%
Jun56%
Jul63%
Aug38%
Sep38%
Oct75%
Nov25%
Dec38%
Winning / Losing Months
Jan▲6▼2
Feb▲3▼5
Mar▲2▼6
Apr▲5▼4
May▲6▼3
Jun▲5▼4
Jul▲5▼3
Aug▲3▼5
Sep▲3▼5
Oct▲6▼2
Nov▲2▼6
Dec▲3▼5
Longest Win / Loss Streak
Jan▲3▼1
Feb▲2▼2
Mar▲2▼4
Apr▲3▼4
May▲4▼2
Jun▲3▼1
Jul▲4▼2
Aug▲1▼3
Sep▲2▼3
Oct▲6▼2
Nov▲1▼3
Dec▲1▼2
Best
Jan+127.1%2023
Feb+107.4%2021
Mar+30.0%2024
Apr+79.9%2019
May+107.2%2020
Jun+72.5%2024
Jul+59.4%2022
Aug+66.2%2021
Sep+30.2%2025
Oct+59.5%2021
Nov+77.5%2024
Dec+91.0%2020
Worst
Jan-44.0%2024
Feb-32.0%2025
Mar-42.7%2020
Apr-35.5%2022
May-28.4%2022
Jun-47.8%2022
Jul-13.6%2019
Aug-31.7%2023
Sep-19.8%2023
Oct-13.3%2019
Nov-46.9%2022
Dec-34.9%2021
−47.8%+127.1%
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