Hut 8


Markets

Hut 8 price target boosted at Cantor and Canaccord after Google-backed AI deal

Cantor Fitzgerald Analyst Brett Knoblauch expects the bitcoin miner turned AI infrastructure provider to generate $6.9 billion in income from the 15-year lease.

Hut 8 plant

Markets

Crypto stocks pare gains as bitcoin retreats from $90,000 rally

Crypto-linked stocks pulled back, with miners like MARA Holdings (MARA) down 4.8% and Core Scientific (CORZ) down 6%.

(CoinDesk)

Markets

Hut 8 stock surges 20% on Fluidstack AI data center deal

The bitcoin miner deepened its pivot into AI infrastructure with a $7 billion long term lease backed by Google.

CoinDesk

Markets

Trump-Backed American Bitcoin Plunges 40% on Heavy Volume, Dragging Hut 8 Lower by 12%

The collapse marks yet another disappointing Trump family crypto-related investment.

CoinDesk

Markets

Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.

Hut 8 plant

Markets

Trump-Backed Bitcoin Miner American Bitcoin Targets September Nasdaq Debut

The miner 80% owned by Hut 8 is finalizing a merger with Gryphon ahead of listing. Trump brothers hold the other 20% stake.

Eric and Donald Tump Jr. in New York City in August. (Spencer Platt/Getty Images)

Markets

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant

Finance

Bitcoin Miner Hut 8 Surges 10% on 1.5GW Expansion Plans

Investment bank Roth Capital said the move had the potential to "materially re-rate the stock."

A Hut 8 mining facility (hut8.io)

Finance

Bitcoin Miner Hut 8 Jumps 15%, Leading Sector Higher After Inking 5-Year Energy Supply Deal

The pact with the Ontario Independent Electricity System Operator will provide HUT a steady income stream and help address Ontario’s projected electricity demand growth.

Hut 8 plant

Markets

American Bitcoin, Backed by Eric and Donald Trump Jr, Pulls In $220M to Accumulate BTC

The company said $10 million of the total amount raised came in the form of bitcoin, at a rate of $104,000 per BTC.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)