Core Insights - Hut 8 Corp. (NASDAQ:HUT) has experienced significant stock performance, surging 17.27% to close at $47.66, driven by increased investor interest in high-performance computing (HPC) firms following Oracle Corp.'s $38 billion data center expansion [1][2][3] - The positive sentiment around Hut 8 is further supported by a 124% price target increase from Piper Sandler, raising the target from $33 to $74, reflecting optimism about its development of 1.5 GW of power across four sites in the US [3] Group 1: Stock Performance - Hut 8 Corp. rallied for a second consecutive day, with a notable increase of 17.27% [1] - The stock's performance is aligned with other HPC firms, indicating a broader trend in the sector [2] Group 2: Market Sentiment and Analyst Ratings - Oracle's announcement of a $38 billion data center expansion has bolstered investor optimism regarding sustainable infrastructure demand for next-generation AI [2] - Piper Sandler's analysis suggests that Hut 8's share price does not yet reflect its exclusive rights to build an additional 1.3 GW, indicating potential for further stock appreciation [3]

We recently published Market Shockers: 10 Stocks Collapse by Double Digits. Hut 8 Corp. (NASDAQ:HUT) is one of the best performers on Wednesday. Hut 8 Corp. fell for a second day on Wednesday, losing 17.22 percent to close at $38.84 apiece as investors took path from an analyst’s sell recommendation for its stock. In the latest episode of Mad Money, host and former hedge fund manager Jim Cramer suggested a caller to “ring the register,” or start booking profits. “It is making money … but it’s still a pa ...

Core Insights - Hut 8 Corp. is gaining attention as a profitable energy and Bitcoin mining company, but its parabolic stock movement raises concerns about sustainability [1] - Jim Cramer emphasizes the lack of analyst coverage for Hut 8 and similar stocks, despite their high trading volumes, indicating a potential investment opportunity [1] - The current market environment may lead to more IPOs of lesser-known companies, which could remain overlooked by analysts, creating a gap in market awareness [1] Company Overview - Hut 8 Corp. operates in energy and Bitcoin mining, providing infrastructure development, data center hosting, and cloud services [1] - The company is noted for its significant trading volume, with Cramer highlighting that any stock trading 10 million shares a day deserves attention [1] Market Context - There is a growing interest among younger investors in stocks like Hut 8, while traditional analysts may overlook them [1] - The reopening of the IPO market is expected to introduce numerous companies that may not receive adequate coverage, reflecting a shift in market dynamics [1]

Bitfarms Ltd. (NASDAQ:BITF) is moving beyond Bitcoin (CRYPTO: BTC) mining into the fast-growing sector of high-performance computing (HPC) and AI datacenters. Last week, the company announced a $500 million convertible notes offering to finance the transition. BITF stock is moving. See the details here. Bitfarms' total capital raise is $800 million. That amount is split between the $500 million convertible note offering and a $300 million project financing facility aimed at building out its Panther Creek da ...

Group 1: Cipher Mining (CIFR) - Cipher Mining's stock remains stable after modest cuts to Q3 and full-year 2025 revenue and EBITDA forecasts, with strong execution on its Fluidstack/Google lease and potential follow-on deals noted, although much of the 2027 development pipeline is already priced in, trading at about 87% of estimated pipeline equity value versus a 61% coverage average [2] Group 2: IREN Ltd. (IREN) - IREN's Hold rating reflects downward revisions to near-term production and cost assumptions, partially offset by raised 2026 estimates due to plans to expand its Canadian AI cloud build-out to 60,000 GPUs, but the firm's bare-metal focus is seen as lacking the necessary software depth and enterprise integration for durable returns, with an elevated valuation amid execution and dilution risks [3] Group 3: Mara Holdings (MARA) - Mara remains on Hold after reductions to Q3 and 2025 revenue and EBITDA estimates, with skepticism around its ability to monetize power-management services for AI inference and advance off-grid mining growth, compounded by uncertainty over a proposed 64% acquisition of EDF's Exaion, which is under review on sovereignty grounds [4] Group 4: CleanSpark (CLSK) - CleanSpark's Hold rating follows reductions to Q3 and 2025 estimates due to lower mining uptime, despite management's appointment of Matt Schultz and renewed optimism around AI/HPC optionality, with shares rallying 94% since the leadership change, but the company is preferred to await clearer updates on the scale and timing of its AI/HPC pipeline before any upgrade [5] Group 5: Hut 8 (HUT) - Hut 8 earns a Buy rating with a raised price target to $67, reflecting full value for an estimated 530 MW gross AI/HPC leasing pipeline across River Bend, Batavia, and Texas Site 03, valued at $5.85 billion at a 5.5% cap rate, with American Bitcoin's mining operations dominating results and presenting dilution risk, while exposure to AI/HPC colocation supports long-term upside [6] Group 6: TeraWulf (WULF) - TeraWulf retains a Buy rating with an increased price target of $24, supported by a sum-of-the-parts valuation of its 886 MW AI/HPC pipeline through 2027, spanning Core42/Fluidstack, Lake Mariner, and Cayuga Lake, valued at $13.85 billion at a 5.5% cap rate, along with modestly raised Q3 revenue and EBITDA forecasts on higher hashprice trends [7]

Core Viewpoint - The cryptocurrency-related stocks in the US market opened lower on Friday, reflecting a decline in major cryptocurrencies like Bitcoin and Ethereum [1] Group 1: Market Performance - Riot Platforms (RIOT.US) and HUT 8 (HUT.US) both fell over 3% [1] - MARA Holdings (MARA.US) dropped more than 2% [1] Group 2: Cryptocurrency Prices - Bitcoin is currently down 2.18%, with a 24-hour decline exceeding 5%, priced at $105,499 [1] - Ethereum has decreased by 2.33%, with a 24-hour drop of over 6%, currently at $3,779 [1]

Market Overview - U.S. stock futures are lower, with Dow futures dropping over 200 points on Friday [1] Company-Specific Movements - Bitfarms Ltd (NASDAQ:BITF) shares fell 9.5% to $4.78 in pre-market trading after announcing the pricing of upsized $500 million convertible senior notes [1] - American Battery Technology Co (NASDAQ:ABAT) shares tumbled 19.8% to $4.55 in pre-market trading, following a 37% decline on Thursday due to the termination of a Department of Energy grant [3] - HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares dipped 18.2% to $4.78 in pre-market trading after a 14% decline on Thursday [3] - Standard Lithium Ltd (NYSE:SLI) shares declined 17.3% to $4.45 in pre-market trading after pricing a $130 million underwritten public offering [3] - Almonty Industries Inc (NASDAQ:ALM) slipped 16.4% to $7.11 in pre-market trading after a 12% dip on Thursday [3] - Mesoblast Ltd (NASDAQ:MESO) declined 13.7% to $15.63 in pre-market trading [3] - Jumia Technologies AG – ADR (NYSE:JMIA) shares fell 13.2% to $10.31 in pre-market trading [3] - Terawulf Inc (NASDAQ:WULF) shares fell 13.1% to $12.05 after reporting the pricing of $3.2 billion of senior secured notes [3] - Diginex Ltd (NASDAQ:DGNX) shares slipped 13.1% to $14.45 after an 18% decline on Thursday [3] - Aeluma Inc (NASDAQ:ALMU) shares fell 12.1% to $16.46 in pre-market trading [3] - Compass Diversified Holdings (NYSE:CODI) declined 11.7% to $6.60 in pre-market trading after an 8% gain on Thursday [3] - Integra Resources Corp (NYSE:ITRG) fell 11.3% to $2.89 in pre-market trading [3] - Forward Industries Inc (NASDAQ:FORD) fell 10.8% to $22.00 in pre-market trading [3] - Bruker Corp (NASDAQ:BRKR) declined 10.3% to $34.25 in pre-market trading [3] - Inter & Co Inc (NASDAQ:INTR) fell 10% to $8.04 in pre-market trading [3] - Hut 8 Corp (NASDAQ:HUT) fell 8.5% to $44.59 in pre-market trading after a 10% dip on Thursday [3] - Bitdeer Technologies Group (NASDAQ:BTDR) fell 8.2% to $23.75 in pre-market trading [3] - CleanSpark Inc (NASDAQ:CLSK) fell 7.5% to $18.49 in pre-market trading [3] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) fell 5.3% to $83.96 in pre-market trading [3]

Market Overview - U.S. stock futures are lower, with Dow futures dropping over 200 points on Friday [1] Company-Specific Movements - Bitfarms Ltd (NASDAQ:BITF) shares fell 9.5% to $4.78 in pre-market trading after announcing the pricing of upsized $500 million convertible senior notes [1] - American Battery Technology Co (NASDAQ:ABAT) shares tumbled 19.8% to $4.55 in pre-market trading, following a 37% decline on Thursday due to the termination of a Department of Energy grant [3] - HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares dipped 18.2% to $4.78 in pre-market trading after a 14% decline on Thursday [3] - Standard Lithium Ltd (NYSE:SLI) shares declined 17.3% to $4.45 in pre-market trading after pricing a $130 million underwritten public offering [3] - Almonty Industries Inc (NASDAQ:ALM) slipped 16.4% to $7.11 in pre-market trading after a 12% dip on Thursday [3] - Mesoblast Ltd (NASDAQ:MESO) declined 13.7% to $15.63 in pre-market trading [3] - Jumia Technologies AG – ADR (NYSE:JMIA) shares fell 13.2% to $10.31 in pre-market trading [3] - Terawulf Inc (NASDAQ:WULF) shares fell 13.1% to $12.05 after reporting the pricing of $3.2 billion of senior secured notes [3] - Diginex Ltd (NASDAQ:DGNX) shares slipped 13.1% to $14.45 after an 18% decline on Thursday [3] - Aeluma Inc (NASDAQ:ALMU) shares fell 12.1% to $16.46 in pre-market trading [3] - Compass Diversified Holdings (NYSE:CODI) declined 11.7% to $6.60 in pre-market trading after an 8% gain on Thursday [3] - Integra Resources Corp (NYSE:ITRG) fell 11.3% to $2.89 in pre-market trading [3] - Forward Industries Inc (NASDAQ:FORD) fell 10.8% to $22.00 in pre-market trading [3] - Bruker Corp (NASDAQ:BRKR) declined 10.3% to $34.25 in pre-market trading [3] - Inter & Co Inc (NASDAQ:INTR) fell 10% to $8.04 in pre-market trading [3] - Hut 8 Corp (NASDAQ:HUT) fell 8.5% to $44.59 after a 10% dip on Thursday [3] - Bitdeer Technologies Group (NASDAQ:BTDR) fell 8.2% to $23.75 in pre-market trading [3] - CleanSpark Inc (NASDAQ:CLSK) fell 7.5% to $18.49 in pre-market trading [3] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) fell 5.3% to $83.96 in pre-market trading [3]

Date: Tuesday, November 4, 2025Time: 8:30 a.m. ET To register for the webcast, use the following link: https://app.webinar.net/k2e8ay7nVpb. To join by telephone, dial 1 (888) 880-3330 ten minutes prior to the start time to allow time for registration. International callers may dial 1 (646) 357-8766. Accessibility StatementSkip Navigation MIAMI, Oct. 16, 2025 /PRNewswire/ --Â Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructur ...

Core Insights - Hut 8 shares increased by 7.9% to close at $53.91, with a notable 42.6% gain over the past four weeks, supported by strong trading volume [1][2] Company Overview - Hut 8's growth is attributed to its vertically integrated, power-first platform that combines energy assets, digital infrastructure, and compute capabilities, particularly for Bitcoin mining and high-performance computing (HPC) [2] - The company employs an experienced team focused on strategic site selection and efficient capital deployment, providing a competitive advantage over traditional data center models [2] Infrastructure and Innovation - Hut 8's infrastructure strategy emphasizes rapid deployment of customized, low-cost facilities, exemplified by the Salt Creek project at $0.3 million per MW, facilitating quick monetization of energy assets [3] - The design of data centers supports both ASIC and GPU compute, ensuring adaptability to emerging technologies [3] - Proprietary software, such as Reactor, optimizes real-time energy usage, reducing costs and enhancing operational efficiency [3] Financial Performance Expectations - The company is projected to report a quarterly loss of $0.16 per share, reflecting a year-over-year increase of 30.4%, with expected revenues of $58.1 million, up 32.8% from the previous year [4] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5] Industry Context - Hut 8 is categorized under the Zacks Financial - Miscellaneous Services industry, with a current Zacks Rank of 3 (Hold) [6] - In comparison, Qfin Holdings Inc. has seen a -9% change in its EPS estimate over the past month, with a Zacks Rank of 5 (Strong Sell) [7]