Hut 8 Corp. Common Stock
HUTHut 8 Corp. is a leading North American cryptocurrency mining company that primarily focuses on mining Bitcoin. Established in 2018 and headquartered in Toronto, Canada, Hut 8 utilizes advanced computing hardware and infrastructure to maximize Bitcoin production efficiency. The company emphasizes secure and sustainable mining practices, positioning itself as a key player in the digital asset mining industry.
Company News
Companies are increasingly adopting digital asset treasury strategies, allocating portions of their balance sheets to Bitcoin and blockchain-based instruments to hedge inflation risk and protect capital. Several firms including Greenlane Holdings, Cipher Mining, Bitmine Immersion, Coinbase, and Hut 8 Corp are making strategic moves in this space,...
Hut 8, a Bitcoin mining company, experienced a significant stock decline of 12% due to Bitcoin price volatility and underperformance of its American Bitcoin Trust subsidiary, reflecting investor concerns about the company's future prospects.
Hut 8, a Bitcoin mining company, experienced a significant stock decline due to the drop in Bitcoin's price and the poor performance of its recently spun-off subsidiary, American Bitcoin Corp.
TransAlta Corporation is acquiring Far North Power Corporation's 310 MW natural gas-fired generation portfolio in Ontario for $95 million, which will increase its Ontario footprint and is expected to add approximately $30 million in average Adjusted EBITDA annually.
Thames Capital invested $25.1 million in Hut 8, purchasing 720,587 shares in Q3 2025, making it the fund's third-largest holding. Hut 8 is a Bitcoin mining and high-performance computing company experiencing significant growth and profitability.
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