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.
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
The broker initiated coverage of the stock with a buy rating and $12 price target.