B. Riley issued a set of crypto and high-performance computing (HPC) notes on Monday, raising the price targets on four Bitcoin (BTC) miners shifting to AI infrastructure, while slashing the target of a pure crypto player.Analyst Nick Giles increased price targets on Hut 8 (HUT) to $163 from $130…
Nvidia NASDAQ:NVDA, a leading designer of AI processors and data-center systems, has reportedly signed leases worth as much as $50 billion for Hut 8 NASDAQ:HUT, a digital-infrastructure company developing large-scale computing facilities, at its Beacon Point campus in Texas. The Financial Times ide…
Hut 8 Corp. (NASDAQ:HUT) struck a 15-year lease at Beacon Point adding 352 MW and lifting campus contracted capacity to 704 MW and AI portfolio to 949 MW, aiming energization 2027–2028, while approving a $250M buyback as it shifts mining into American Bitcoin Corp after ABTC ramped capacity despite…
Hut 8 signed a second 15‑year, $9.8B triple‑net lease at Beacon Point, raising contracted campus capacity to 704 MW and base-term contract value to $19.6B; campus target 1,000 MW.B
Hut 8 Corp. (HUT) is on track to clock its best weekly gains since early May if the upward trajectory holds.The stock is up more than 19% this week after it announced the commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas.While the comp…
Shares of several Bitcoin mining companies surged Monday after Hut 8 and IREN announced major AI infrastructure deals, reinforcing investor optimism around miners expanding into artificial intelligence and high-performance computing.IREN, Cipher Digital, CleanSpark, Hut 8 and MARA Holdings each gai…
Shares of Hut 8 (HUT) and IREN (IREN) both climbed double digits on Monday after the bitcoin (BTC) miners announced fresh AI infrastructure deals worth billions, extending the sector's pivot from crypto mining toward data center leasing.Hut 8 fully commercializes Beacon PointHut 8 signed a second 1…
Hut 8 fully commercialized the 1 GW Beacon Point campus with a second 15-year, $9.8 billion lease for 352 MW of IT capacity.Key Highlights:Original SEC Filing: Hut 8 Corp. [ HUT ] - 8-K - Jul. 20, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important informati…
Cryptocurrencies are tentatively recovering to begin the year’s third quarter. On July 3, Bitcoin was trading at $62,128 U.S., having gained 1% in the last 24 hours. Bitcoin's price is back above the key support level of $60,000 U.S. that analysts say is needed for a sustained rally to begin. A we…
