Search results for "HUT"
2026-03-10
16:09

Benchmark reaffirms a "Buy" rating on Hut8 with a $85 price target

Benchmark reiterates its "Buy" rating on Hut 8 with a $85 target price, noting that the company is transitioning toward a power-first digital infrastructure platform, with 2026 expected to be the year of execution and delivery. Despite recording a net loss of $301.8 million in the fourth quarter, revenue nearly tripled year-over-year, with the core investment thesis based on a long-term leasing agreement supported by Google Finance.
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BTC3,77%
08:20

Hut 8 credit limit expanded to $200 million, accelerating AI computing power deployment or reshaping the Bitcoin mining landscape

Bitcoin mining company Hut 8 recently increased its credit line with a leading US-based compliant CEX to $200 million, drawing market attention. This move not only enhances the company's financial flexibility but also further confirms its strategic shift towards artificial intelligence (AI) and high-performance computing (HPC). The relevant documents have been filed with the U.S. Securities and Exchange Commission, and the credit funds will mainly be used for general corporate operations and strategic expansion. In a context where most mining companies are under pressure due to Bitcoin halving and rising energy costs, Hut 8 continues to strengthen its fundamentals. The increase in credit line follows its long-term agreement of $7 billion signed in December last year with AI cloud computing service provider Fluidstack. Under the agreement, Hut 8 will provide 245 MW of power over 15 years to build large-scale AI data centers, regarded as a landmark case of crypto-native enterprises integrating with AI infrastructure.
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BTC3,77%
05:18

RIVER (River) 24-hour pump 43.01%

Gate News Bot news, on December 22, according to CoinMarketCap data, RIVER (River) is currently priced at 5.68 USD, with a 24-hour pump of 43.01%, reaching a high of 5.71 USD and a low of 1.64 USD, with a current market capitalization of approximately 111 million USD, an increase of 3.35 million USD compared to yesterday. Important news about RIVER recently: 1️⃣ **Large investments in Bitcoin mining industry infrastructure drive ecological valuation increase** Bitcoin mining company Hut 8 has signed a 15-year, $7 billion data center leasing agreement with Fluidstack, leasing a 245 megawatt data center located in the River Bend park, which has the potential to add up to 1,000 megawatts of capacity in future expansion phases. Such a large-scale long-term capital commitment indicates the rise of Bitcoin mining production.
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BTC3,77%
05:07

RIVER(River)24小时上涨25.50%

Gate News Bot Message, December 18th, according to CoinMarketCap data, as of press time, RIVER (River) is currently priced at $2.99, up 25.50% in the past 24 hours, with a high of $8.55 and a low of $1.64. The 24-hour trading volume reached $25.7 million. The current market capitalization is approximately $58.5 million, an increase of $11.9 million from yesterday. ## Important recent news about RIVER: 1️⃣ **Bitcoin Mining Infrastructure Investment Drives Valuation Reassessment** Bitcoin mining company Hut 8 has signed a 15-year data center leasing agreement worth $7 billion with Fluidstack, leasing a 245 MW data center located in the River Bend park. The park can be expanded by up to an additional 1,000 MW in future phases. This move
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BTC3,77%