Rosenblatt said Hut 8’s contracted AI data-center portfolio outweighs a weak second quarter and near-term uncertainty surrounding the Beacon Point interconnection process.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Hut 8 stock fell 9.7% after Q2 2026 results paired an 81% revenue jump with a $177 million net loss. Key numbers inside.
Compute margins and lower cash overhead lifted quarterly EBITDA above expectations, but a statewide interconnection audit adds uncertainty to the planned first-quarter 2027 energization of Hut 8’s contracted Texas campus.
ABTC’s revenue from mining rose 8% to $67 million, and gross margins were roughly 50%, even as Bitcoin prices slipped during the quarter.
Ionic Digital stock climbed 25% on its Nasdaq debut as the Celsius-born bitcoin miner leans further into AI leasing.
Hut 8 fully commercializes Beacon Point's second phase, securing $19.6 billion in contracted AI data center revenue and projecting $1.31 billion in annual NOI.
Hut 8 stock is up 202% in 2026 on AI hyperscaler deals, but its bitcoin mining spinoff keeps losing value.
A policy vote in Washington, a Bitcoin breakout, and a surprise AI angle are pulling crypto stocks in three different directions at once, and not all of the momentum points to the same trade.
Hut 8 Corp. surged by 10.37 percent on Monday to end at $100.93 apiece, as investors took heart from the $50.2-billion revenue potential of its Beacon Point data center campus in Texas. This followed the inking of a new leasing agreement with an existing tenant for the second phase of the campus, covering 352 MW […]
CleanSpark saw its share price jump by 10.67 percent on Monday to finish at $14.42 apiece, as investor optimism was fueled by the aggressive expansion of artificial intelligence players with a series of multi-billion-dollar leasing deals. Multi-Year Deals On Monday, its counterpart, Hut 8 Corp., clinched a new $9.8-billion leasing deal with an existing high-investment-grade […]
The shares of Hut 8 (Nasdaq: HUT), a Bitcoin miner that has been expanding into artificial intelligence (AI) infrastructure, jumped as much as 14% on July 20 after the firm signed a $9.8 billion lease that fully commercializes its massive Texas data center campus. The 15-year deal covers the second ...
A surprise lease announcement just sent one battered energy infrastructure stock soaring 10% while dragging its crypto mining peers along for the ride, even as Bitcoin itself slipped lower.
The second 352 MW agreement completes commercialization of Hut 8’s planned 1 GW Texas campus and lifts its contracted AI data-center capacity to 949 MW.
A second 352 MW lease fully commercializes the Texas campus years before delivery, while KBW sees more contracted capacity than Hut 8’s valuation previously reflected.
IREN and Hut 8 were rising sharply early on Monday as both companies announced more customers were spending on their cloud-computing infrastructure. IREN shares rose 9% in the premarket after it said it had agreed new multiyear cloud contracts with artificial-intelligence developers representing $2.8 billion in total contract value. IREN was previously an Australian Bitcoin miner called Iris Energy before pivoting to AI computing as part of a wave of “neoclouds” building out cloud computing infrastructure.
TeraWulf, IREN, and Hut 8 stocks surge as Bitcoin miners pivot to AI data centers, decoupling their share prices from crypto.
Hut 8 (HUT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Hut 8 has a multigigawatt pipeline of data center projects in the works, and lucrative hyperscaler deals that have fueled a meaningful rally.
Shares of Hut 8 (NASDAQ: HUT) tumbled in the pre-market session on June 22 but recovered lost ground after the morning bell. The stock fell about 7% to $112.50 after closing the prior day down 2.73% at $121.04. But at press time, the shares were trading 2.36% higher inraday and trading near ...
The stock of Hut 8 (NASDAQ: $HUT) has received a new buy rating on Wall Street.
We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Hut 8 (NASDAQ:HUT) ranks #4 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 869,563 Shares Valued at Approximately $40.79 Million (NEW position) Hut 8 (NASDAQ:HUT) is transitioning from Bitcoin mining into […]
Is HUT a good stock to buy? We came across a bullish thesis on Hut 8 Corp. on The Mispricing Desk’s Substack. In this article, we will summarize the bulls’ thesis on HUT. Hut 8 Corp.’s share was trading at $119.60 as of June 8th. HUT’s trailing and forward P/E were 28.26 and 84.75 respectively according to […]
Rosenblatt says Hut 8's AI/HPC buildout is still early, with $16.8 billion in contracted leases and several near-term catalysts that could shift more of its 710 MW mining footprint into…
Recent performance snapshot Hut 8 (HUT) has caught investor attention after a sharp move in the stock over the past month, with the price up about 59% and recent daily trading showing noticeable swings. See our latest analysis for Hut 8. Zooming out from the sharp 58.69% 30 day share price return, Hut 8’s 171.43% 90 day share price return and very large 1 year total shareholder return indicate that the stock has shown strong recent momentum. If you are looking beyond Hut 8 and want to see...
Publicly traded Bitcoin miners are running away from Bitcoin, climbing on record demand for AI compute.