Why Hut 8 Stock Popped Today
Hut 8 Mining p(US:HUT) The Motley Fool·2025-12-18 00:32The former Bitcoin miner is becoming a major player in the artificial intelligence (AI) power-generation race.Shares of Hut 8 (HUT +8.74%) climbed nearly 9% on Wednesday after the former cryptocurrency miner announced a partnership with Anthropic and a lucrative data center lease agreement. A shift to AIAfter spinning off its Bitcoin-mining business earlier this year, Hut 8 is transitioning its business to high-performance energy infrastructure used in artificial intelligence (AI) factories. Those efforts ...