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HUT / Hut 8 Mining merger with USBTC emerges as key upside catalyst, analysts say

Hut 8 Mining merger with USBTC emerges as key upside catalyst, analysts say
The upcoming merger between Hut 8 Mining and USBTC is the biggest upside catalyst for Hut 8 stock, according to analysts at Canaccord Genuity (TSX:CF, LSE:CF) following the release of the cryptocurrency miner's first quarter results on May 11.  Hut is getting a lot from the all-stock deal, which assigns a roughly 50/50 equity for both entities, the analysts wrote. Read More
Posted: May 16 2023, 15:57
Author Name: Proactive Investors
Views: 110725

HUT News  

Why Hut 8 Mining (HUT) Outpaced the Stock Market Today

By Zacks Investment Research
October 31, 2023

Why Hut 8 Mining (HUT) Outpaced the Stock Market Today

Hut 8 Mining (HUT) closed at $2.17 in the latest trading session, marking a +1.4% move from the prior day. more_horizontal

Hut 8 Mining (HUT) Rises As Market Takes a Dip: Key Facts

By Zacks Investment Research
October 25, 2023

Hut 8 Mining (HUT) Rises As Market Takes a Dip: Key Facts

The latest trading day saw Hut 8 Mining (HUT) settling at $2.30, representing a +0.44% change from its previous close. more_horizontal

Why Riot Platforms, Hut 8 Mining, and TeraWulf Popped on Monday

By The Motley Fool
October 16, 2023

Why Riot Platforms, Hut 8 Mining, and TeraWulf Popped on Monday

A false report circulated this morning saying that a Bitcoin ETF had been approved. Miners responded but have held some gains because Bitcoin is up to more_horizontal

The 3 Most Volatile Stocks to Steer Clear of in Q4

By InvestorPlace
October 15, 2023

The 3 Most Volatile Stocks to Steer Clear of in Q4

With market uncertainty being the name of the game, investors may want to red flag the most volatile stocks to avoid. Usually, securities that show gr more_horizontal

Hut 8 Mining merger with US Bitcoin receives BC Supreme Court approval

By Proactive Investors
September 18, 2023

Hut 8 Mining merger with US Bitcoin receives BC Supreme Court approval

Hut 8 Mining Corp (TSX:HUT) on Monday said its previously announced merger with US Bitcoin Corp has received final approval from the Supreme Court more_horizontal

Why Hut 8 Mining Stock Dived by More Than 6% Today

By The Motley Fool
August 14, 2023

Why Hut 8 Mining Stock Dived by More Than 6% Today

The crypto miner reported steep falls in both the number of bitcoins it produced and revenue in its second quarter. That said, its top line was well h more_horizontal

Watch These 5 Crypto Stocks Amid Soft Inflation Data of June

By 24/7 Wall Street
July 14, 2023

Watch These 5 Crypto Stocks Amid Soft Inflation Data of June

A financial advisor can help you understand the advantages and disadvantages of investment properties. more_horizontal

Watch These 5 Crypto Stocks Amid Soft Inflation Data of June

By Zacks Investment Research
July 14, 2023

Watch These 5 Crypto Stocks Amid Soft Inflation Data of June

We have narrowed our search to five stocks with solid crypto exposure and strong growth potential. These are: HUT, SQ, PYPL, MARA, IBKR. more_horizontal


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