21Vianet vs Hut 8
Hut 8 is larger by market cap ($10.9B vs $2.1B). 21Vianet reports higher tracked revenue ($544M vs $235M). Both are primarily Data Center Operators (Colo) companies.
Shared segment: AI & Data Center.
Side-by-side
| 21Vianet | Hut 8 | |
|---|---|---|
| Market cap | $2.1B | $10.9B |
| Revenue | $544M (FY2019) | $235M (FY2025) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | niche | niche |
| Country | China | United States |
| Tracked suppliers | 4 | 4 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 6/100 | 6/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-08-12. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How 21Vianet and Hut 8 compare
- Size: Hut 8 is the larger company by market cap.
- Revenue: 21Vianet reports higher tracked revenue.
- Supply-chain criticality: 21Vianet has the higher chokepoint score (6/100 vs 6/100).
- Footprint: 21Vianet (China) vs Hut 8 (United States).