
American Bitcoin (NASDAQ:ABTC) shares gained approximately 1% in premarket trading on Wednesday after BTIG initiated coverage of the company with a Buy rating and a $15 price target. The brokerage issued its assessment the previous evening.
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American Bitcoin (NASDAQ:ABTC) shares gained approximately 1% in premarket trading on Wednesday after BTIG initiated coverage of the company with a Buy rating and a $15 price target. The brokerage issued its assessment the previous evening.

Applied Digital (APLD) has fallen 44.3% over the past three months while the S&P 500 returned 1.4%, and at about $24.90 the stock sits roughly 50% below its 52-week high. It still trades at 12.4 times sales against 3.2 for the S&P 500. Both are true at once, because the price has little to do with the business you can see today.

Cryptocurrency-linked shares continued their advance on Friday as Bitcoin (COIN:BTCUSD) climbed to its highest levels since late May, supported by renewed optimism over US digital asset regulation and improving appetite for risk. The latest gains followed President Donald Trump’s call for lawmakers to establish clearer rules for the cryptocurrency industry, adding regulatory momentum to a market already benefiting from Bitcoin’s sharp recovery.
Investing.com -- Crypto-linked stocks rallied Friday as Bitcoin extended its climb to levels not seen since late May, after President Trump called on lawmakers to pass clear regulatory rules for digital assets.
Freedom Capital initiated coverage of the stock with a ‘Buy’ rating and $132 price target, implying an upside of more than 63% from its last close.

NVIDIA just corralled Wall Street's biggest names behind a half-trillion-dollar AI financing push, and four battered neocloud stocks are suddenly surging. Here is what the deal means for companies sitting on tens of billions in contracted revenue but still nursing brutal month-long losses.
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.
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 ...
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