Frankfurt - Delayed Quote • EUR Hut 8 Corp. (V71.F) Follow Compare 26.30 -1.00 (-3.66%) As of 8:01:01 AM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Bitcoin Set For 'Significant Bull Market.' Analyst Targets $225,000. Bitcoin and cryptocurrency miners are set for a major bull market after notching a record year for 2024, H.C. Wainwright writes. With 49% ownership, Hut 8 Corp. (NASDAQ:HUT) has piqued the interest of institutional investors Key Insights Significantly high institutional ownership implies Hut 8's stock price is sensitive to their trading... Tesla, crypto miners, Hims & Hers Health: Trending Tickers The Morning Brief team explores the latest stock recommendations from Wall Street analysts. Mizuho analysts have upgraded Tesla (TSLA) stock to Outperform from Neutral, citing potential policy shifts under the upcoming Trump administration. The firm suggests the repealing of EV tax credits by the incoming Trump administration could provide additional upside for the electric vehicle manufacturer. Piper Sandler has initiated coverage on several bitcoin (BTC-USD) miners and crypto firms, including MARA Holdings (MARA), Riot Platforms (RIOT), Hut 8 Mining (HUT), and Galaxy Digital (GLXY.TO) with an Overweight rating. Notably, Piper Sandler singled out MARA Holdings as the most compelling pure-play bitcoin mining stock. Additionally, Morgan Stanley initiated coverage on Hims & Hers Health (HIMS) with an Overweight rating and a $42 per share price target. The firm believes the company is strategically positioned to capitalize on growing personal medication market opportunities. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Bitcoin Miner Hut 8 Rallies On $12 Billion AI Data Center, Meta Partnership Speculation Hut 8 is building a $12 billion AI data center. Some speculate the bitcoin miner is partnering with Meta. Shares rally. Crypto stocks, ChargePoint, Salesforce: Market Minute Yahoo Finance host Akiko Fujita examines three of this morning's top trending stories and stocks. Initially rallying on bitcoin (BTC-USD) going above and beyond $100,000 this morning, several crypto stocks are reversing course. ChargePoint Holdings (CHPT) soars as high as 21% after reporting its third quarter earnings results. Salesforce (CRM) stock is taking a dip after pushing higher earlier in the week on the company's latest revenue print and AI outlook. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Hut 8 Unveils $750M in Capital Plans as Stock Surges Nearly 200% in Three Months Hut 8 Announces $500 million ATM Program and $250 million Buyback Amid Strong Stock Momentum Crypto miners double down on AI hosting for more reliable cash flow The all-out search for electricity to sustain the insatiable appetite for artificial intelligence is providing a lift to another industry with considerable energy usage: crypto mining. Is Hut 8 Corp.'s (NASDAQ:HUT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects? Hut 8's (NASDAQ:HUT) stock is up by a considerable 101% over the past three months. Given that the market rewards... Why crypto miners are selling power for AI data centers As Big Tech companies look for power sources for their artificial intelligence (AI) data centers, they turn to crypto miners. Both crypto and AI are power-intensive, demanding a significant amount of energy. Yahoo Finance's Akiko Fujita breaks down why bitcoin (BTC-USD) miners, like Hut 8 Mining (HUT), Hive Blockchain (HIVE), Bit Digital (BTBT), and Riot (RIOT), are selling existing power to AI hyperscalers. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Bitcoin Miners HIVE, Hut 8 Rally On Target Hikes, 'Imminent' AI Deal Bitcoin miners MARA Holdings, HIVE Digital, Hut 8 announced quarterly results. Hut 8 expands AI business. Miners rallied postelection. Bitcoin Stock Hut 8 Soars Past Buy Point, But Earnings Loom Bitcoin stock Hut 8 surged past a buy point Monday, but the company's earnings report is due out Wednesday. Bitcoin Bolts To Record High On GOP Sweep; Analysts Eye $100k Cryptocurrency prices continued rallying Friday, with bitcoin hitting a new record high above $77,00 as the U.S. election registered a broad victory for Republicans. Ahead of the voting, analysts had generally expected the price of bitcoin to rally regardless of the election's outcome. Bitcoin spiked Friday afternoon to a new record of $77,252 according to CoinMarketCap, continuing to notch new highs throughout the week. There May Be Underlying Issues With The Quality Of Hut 8's (NASDAQ:HUT) Earnings Despite posting some strong earnings, the market for Hut 8 Corp.'s ( NASDAQ:HUT ) stock hasn't moved much. Our analysis... Media Advisory: Hut 8 Announces Conference Call to Discuss Second Quarter 2024 Results MIAMI, July 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, will host a conference call and webinar on Tuesday, August 13, 2024 to review second quarter 2024 results. Who: Analysts, media, and investors are invited to attend. What: Hut 8 executives will review the Company’s financial results for the second quarter of 2024. When Retail investors who have a significant stake must be disappointed along with institutions after Hut 8 Corp.'s (NASDAQ:HUT) market cap dropped by US$112m Key Insights The considerable ownership by retail investors in Hut 8 indicates that they collectively have a greater... Hut 8 Executes Definitive Agreements for Site in West Texas with 205 MW of Immediately Available Power Capacity Marks first transaction to convert from Hut 8’s previously announced development pipeline of 1,100 megawatts of energy capacity under exclusivity Expands Hut 8’s energy infrastructure platform to approximately 1.3 gigawatts across verticals Data center engineering, procurement, and construction efforts underway MIAMI, July 09, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one Hut 8 Operations Update for June 2024 17.8 EH/s and 762 MW under management; $150 million investment from Coatue to support the buildout of next generation AI infrastructure platform; Near-term visibility to conversion of projects in previously announced pipeline of 1,100 MW of energy under exclusivity; AI vertical expected to begin generating revenue in H2 2024Miami, Florida, July 03, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy Hut 8 Announces Closing of $150 Million Investment from Coatue Miami, July 01, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, is pleased to announce it has closed its previously announced $150 million convertible note investment from a fund managed by Coatue Management, L.L.C. (“Coatue”). This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securit Hut 8 Set to Join to Russell 3000® Index MIAMI, June 27, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective at the open of U.S. equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted June 21st, 2024. Th Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform Funding will accelerate growth in Hut 8’s data center portfolio; Reinforces Hut 8’s position as a market leader in sourcing, developing, and operating energy infrastructureMiami, Fla, June 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced that it has entered into a definitive agreement with a fund managed by Coatu Performance Overview Trailing total returns as of 1/21/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return V71.F S&P 500 YTD +25.84% +1.52% 1-Year +310.94% +23.90% 3-Year +174.79% +33.77%