Management stated, "we reached a major milestone last week as the Form S-4 for the [American Bitcoin] transaction was declared effective by the SEC, and we remain on track to complete the listing in ...
Hut 8 (HUT) shares closed nearly 15% up on Wednesday, July 2 after announcing a series of “five-year capacity contracts” with the Ontario Independent Electricity System Operator (IESO). Asher Genoot, ...
Analyst John Todaro reiterated a Buy while lifting the price target from $21 to $32. Hut 8 reported third-quarter revenues of $44 million, beating consensus of $35 million, with losses of 13 cents per ...
Hut 8 (HUT) released its operations update for December 2024. “Site infrastructure upgrades continue to advance on schedule, positioning us well to launch our initial fleet upgrade in Q1 2025,” said ...
Reiterating a bullish stance on Hut 8 with a $30 price target, citing improved fundamentals and diversification beyond Bitcoin mining. Hut 8's strategic shift includes revenue from AI, data centers, ...
Recent Bitcoin price action has done little to prop up Hut 8's valuation, as most Bitcoin miners have been hit hard in today's session. A leveraged Bitcoin mining model works in a rising price ...
Hut 8 argued that a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner. Bitcoin mining firm Hut 8 Corp. filed a ...
March 31 (Reuters) - Hut 8 (HUT.O), opens new tab said on Monday it had joined hands with President Donald Trump's son, Eric Trump, to launch a bitcoin mining company called American Bitcoin. Miami, ...