Shares of Hut 8 Corp. (HUT) gained more than 1% in overnight trading late Tuesday as Clear Street analyst Brian Dobson slapped it with a significantly high price target despite a second-quarter miss.The company posted a loss of $1.27 per share on revenue of $74.9 million, missing Wall Street expect…
Q2 2026 saw revenue surge to $137.5M, driven by ASIC compute growth, but net income fell to a $177.1M loss due to digital asset mark-to-market losses. Major long-term leases and $7.5B in project financing underpin a robust development pipeline and future NOI.Original document: Hut 8 Corp. [HUT] Sli…
Revenue grew 81% year-over-year to $74.9 million with gross margin expanding to 64%. Major project financings raised $7.5 billion in non-recourse debt, supporting a transition to contracted digital infrastructure revenues. The development pipeline expanded to 8.7 GW, with robust demand and a cleane…
Revenue grew 81% year-over-year to $74.9M, with gross margin expanding to 64% and adjusted EBITDA rising to $10.4M. Major project financings raised $7.5B for Riverbend and Beacon Point, supporting a transition to contracted AI data center assets. The development pipeline expanded to 8.7 GW.Based on…
Shares of Hut 8 (HUT) edged lower in early morning trade on Tuesday after the company reported a second-quarter revenue and earnings miss, but CEO Asher Genoot said delivering on the company’s AI infrastructure pipeline is now the “central priority.”"Delivery is now our central priority," Chief Exe…
Q2 2026 saw revenue more than double year-over-year to $74.9M, driven by Compute segment growth, but a $177.1M net loss resulted from a sharp decline in Bitcoin prices and higher expenses. Major project financings and a fully contracted Beacon Point campus position the company for future growth, th…
Q2 2026 revenue rose to $74.9M, but a $177.1M net loss was driven by $138.6M in unrealized digital asset losses. Major milestones included $7.5B in project financing, commercialization of a gigawatt-scale AI campus, and strong liquidity of $8.1B.Original document: Hut 8 Corp. [HUT] SEC 8-K Current…
Hut 8 Corp. reported second-quarter 2026 results with revenue of $74.9M, up from $41.3M a year earlier, while the company recorded a net loss attributable to Hut 8 of $(150.2)M and diluted EPS of $(1.27) for the quarter.Financial HighlightsBusiness HighlightsOriginal SEC Filing: Hut 8 Corp. [ HUT…
Massive spending on AI, cloud computing, and hyperscale infrastructure is creating powerful long-term growth opportunities across the digital infrastructure sectorNEW YORK, July 29, 2026 /CNW/ -- Market News Updates News Commentary - The race to build the next generation of AI infrastructure is tur…
Bitcoin (BTC) miners expanding into AI and high-performance computing (HPC) infrastructure saw a fresh round of Wall Street rating changes on Monday, with Core Scientific (CORZ) emerging as the only company to receive a downgrade in an otherwise largely constructive outlook ahead of second-quarter…
Crypto-linked equities moved lower in early morning trade on Thursday, tracking the broader sell-off in the stock market and weakness in Bitcoin (BTC).Bitcoin's price dipped around 1% in the last 24 hours, attempting to keep above the $65,000 mark. On Stockwits, retail sentiment around the apex cry…
Bernstein said in a research report on Thursday that its weekly bitcoin mining industry deal tracker recorded a new AI-related deal each week in July, with total volume exceeding 7.5 gigawatts. According to Odaily, Bernstein said the deals were equivalent to $150 billion under multiyear contracts.B…
Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of artificial intelligence (AI) data centers.The investment manager’s Bitcoin mining industry deal tracker reg…
Benchmark Equity Research raised its price target for Hut 8 to $195 from $165 on Wednesday, following the full commercialization of the company's Beacon Point AI campus in Texas.The price bump is Benchmark's second target hike for Hut 8 (HUT) this month. Analyst Mark Palmer raised the target to $16…
Hut 8 (HUT) signed a 15-year, 352 MW IT lease with a hyperscaler at Beacon Point, doubling campus capacity to 704 MW and assigning the lease a $9.8B value; stock saw its best week
Hut 8 Corp. CAPITALCOM:HUT shares have swung between $44 and $133 in 2026, a peak-to-trough gain of about 200%, according to TradingView data.The stock now trades near $108, up about 128% for the year, after Hut 8 signed a $9.8 billion, 15-year lease with an unnamed technology hyperscaler.The AI Pi…
Shares of crypto mining companies, which are now pivoting toward data center infrastructure, jumped in midday trade on Monday, after Hut 8’s (HUT) $9.8 billion lease and Iren’s (IREN) raised guidance sparked a sector-wide rally.Cipher Digital (CIFR) led the gains among major names, followed by Clea…
Hut 8 NASDAQ:HUT rose 15.10% premarket after signing a second 15-year lease worth $9.8 billion for 352 megawatts of IT capacity at its Beacon Point data center campus in Nueces County, Texas. The energy infrastructure company, which builds and leases power-intensive computing sites, said the tenant…
Hut 8 (HUT) shares jumped over 16% in Monday pre-market trade after the Bitcoin (BTC) miner-turned-AI-infrastructure company announced it has secured a second $9.8 billion lease that fully commercializes its 1-gigawatt Beacon Point data center site in Texas.Shares of HUT 8 went up over $106 during…
Beacon Point campus in Texas is fully leased under two 15-year NNN contracts totaling $19.6B, with potential to exceed $50B if all renewal options are exercised. The site offers 704 MW IT capacity, robust infrastructure, and a power-first strategy that maximizes value and scalability.Original docum…
