HUT

Hut 8 breaks above $101.83, putting $140.80 and higher resistance zones in focus as bullish momentum improves.

For years, bitcoin miners traded like a leveraged bet on the token they produce. That relationship broke down over the past year, according to a recent CoinShares report.

AI infrastructure, data-center power and memory stocks fueled big gains in leveraged ETFs last week, with IREN, Bloom Energy, Eos Energy and SanDisk leading the charge.

OpenAI CEO Sam Altman said “I am seeing the first signs of what feels to me like unsustainable silliness of random new neoclouds popping up, people claiming that they're going to build gigantic amounts of compute next year that I

Hut 8 Corp. is rated Buy with a 12-month target of $140-150, reflecting a deep undervaluation versus its AI infrastructure contract pipeline. HUT's $26.6B in long-term AI data center contracts and a $9.8B lease with Nvidia underpin a transformative shift from mining to digital infrastructure. Non-recourse, investment-grade project financing and a simplified balance sheet strategically differentiate HUT, reducing dilution and parent-level risk.

NEW YORK, Aug. 21, 2026 /PRNewswire/ -- /PR Newswire/ – Pomerantz LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of securities of Hut 8 Corp.(NASDAQ: HUT): UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE HUT 8 CORP. SECURITIES LITIGATION Case No.

Friday's selling in AI-pivoting Bitcoin (CRYPTO:BTC) miners tracks their 2026 gains almost perfectly, a signature of profit-taking and position unwinding rather than a reassessment of any company's contracts or economics.

Bitcoin jumped 4.6% to $72,475.25 – a roughly 12% gain over the past two days after the digital asset was trading near $63,000 earlier this week.

Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to ​pass legislation establishing clear rules for the digital asset sector, ‌following a White House meeting with industry executives.