Hut 8 Corp. Common Stock (HUT)
Hut 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
Bitfarms is transitioning from Bitcoin mining to high-performance computing and AI datacenters, raising $800 million to develop its 350-megawatt Panther Creek campus, following successful pivots by IREN and Hut 8 in the AI infrastructure market.
Bitfarms stock rose to $4.00, with trading volume double its three-month average, reflecting strong year-to-date performance in the Bitcoin mining sector. U.S. markets advanced, with the S&P 500 and Nasdaq Composite showing gains.
Hut 8 Corp. held its 2025 Annual Meeting of Stockholders, where all eight director nominees were successfully elected to the board, with voting results filed with the SEC and SEDAR+.
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