Analysts reiterate ‘buy’ rating as Hut 8 inks $125m deal

On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut…

Sep 20, 2024 - 17:00
Analysts reiterate ‘buy’ rating as Hut 8 inks $125m deal
On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut…

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