21Vianet vs Hut 8

Both are primarily Data Center Operators (Colo) companies. Hut 8 is larger by market cap ($9.8B vs $1.5B). 21Vianet reports higher tracked revenue ($544M vs $235M).

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Side-by-side

21VianetHut 8
Market cap$1.5B$9.8B
Revenue$544M (FY2019)$235M (FY2025)
Primary segmentData Center Operators (Colo)Data Center Operators (Colo)
Market positionnicheniche
CountryChinaUnited States
Tracked suppliers44
Tracked customers55
Chokepoint / criticality6/1006/100

Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. 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: Both companies have the same chokepoint score (6/100).
  • Footprint: 21Vianet (China) vs Hut 8 (United States).

Company hubs

21Vianet · Hut 8 · AI & Data Center segment

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Cite as: wafergraph, “21Vianet vs Hut 8”, https://wafergraph.com/compare/21vianet-vs-hut8 (data as of 2026-10-09).

Frequently asked questions3
Is 21Vianet bigger than Hut 8?
Hut 8 is larger by market cap ($9.8B vs $1.5B).
What's the difference between 21Vianet and Hut 8?
21Vianet is a niche in Data Center Operators (Colo) based in China; Hut 8 is a niche in Data Center Operators (Colo) based in United States. Both operate in the AI & Data Center segment.
Who are 21Vianet's and Hut 8's suppliers?
wafergraph tracks 4 suppliers for 21Vianet and 4 for Hut 8.