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.
The broker cut its price target to $14 from $17.50 while maintaining its buy rating.
Former CEO Jamie Leverton is succeeded by president Asher Genoot.
Hut’s shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump.