Hut 8


Markets

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

The broker cut its price target to $14 from $17.50 while maintaining its buy rating.

A Hut 8 mining facility (hut8.io)

Markets

Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021

Gains among exchange-traded funds were led by BlackRock's IBIT.

Charts indicating a price surge. (Unsplash)

Videos

Are the Feds Coming After Bitcoin Miners?

"The Mining Pod" host Will Foxley breaks down recent bitcoin mining news, including movements in BTC price, Hut 8’s leadership change, the EIA seeking energy data and French Montana shilling his latest Bitcoin NFT.

The Mining Pod

Finance

Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report

Former CEO Jamie Leverton is succeeded by president Asher Genoot.

Jaime Leverton (Hut 8)

Videos

Bitcoin Miner Hut 8 Fires Back at Short-Selling Report

Hut 8 Corp. (HUT) shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump. CoinDesk's Amitoj Singh presents "The Chart of the Day."

Recent Videos

Finance

Bitcoin Miner Hut 8 Hits Out at Short-Selling Report

Hut's shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump.

A photo of four mining rigs

Finance

Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps

The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.

A Hut 8 mining facility (hut8.io)

Finance

Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase

The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.

A Hut 8 mining site (Hut 8)

Finance

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.

(Getty Images)

Finance

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)