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Hut 8
Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
The bitcoin miner held over 10,000 bitcoin at the end of last year.
Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B
The miner bought about 990 bitcoin for average price of around $101,710 each.
Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta
HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Australia Moves on a Spot Bitcoin ETF; Franklin Templeton on Bitcoin NFTs
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Australia-based Monochrome Asset Management announced their application for a spot bitcoin (BTC) exchange traded fund. Plus, the state of bitcoin miner Hut 8 (HUT) after its merger with US Bitcoin Corp. (USBTC) And a new report from Franklin Templeton on Bitcoin NFTs.
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.
Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021
Gains among exchange-traded funds were led by BlackRock's IBIT.
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.
Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report
Former CEO Jamie Leverton is succeeded by president Asher Genoot.
