Tag: Hut 8
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The broker upgraded the bitcoin miner's shares to buy from sell and raised its price target on the stock to $13.50 from $7.50.
www.coindesk.com [...]
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.
w [...]
Bitcoin Miner Hut 8 (HUT) Has Larger, More Diversified Business Following USBTC Merger: Canaccord
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Crypto Stocks COIN, MSTR, MARA Rally as BTC Touches Highest Since November 2021
Coinbase (COIN), the only U.S. traded crypto exchange, added 3.9% after touching a 52-week high of $209.94 on Tuesday. MicroStrategy (MSTR), the large [...]
Bitcoin Miner Hut 8 (HUT) Shares Slide as CEO Jamie Leverton Quits Weeks After Short Sellers’ Report
“The merger of equals of Hut 8 and US Bitcoin Corp was a transformational moment for both companies,” Hut 8 Chairman Bill Tai said in a statement. “Hu [...]
Bitcoin Miner Hut 8 Hits Out at Short-Selling Report
The report by short-selling firm JCapital Research led to HUT sliding more than 23% on Jan. 18.
www.coindesk.com [...]
Bitcoin Miner Hut 8 (HUT) Shares Sink as Net Loss More Than Doubles
The Toronto-based company's loss widened to C$53.6 million ($39 million) from C$23.8 million, while sales slumped to C$17 million from $31.7 million i [...]
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