TL;DR Bybit has added USDT-margined perpetual futures tied to PATH, CYPH and HUT shares. The contracts offer up to 25x leverage through …
Hut
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Hut 8 has emerged as the winning bidder for two Texas data center sites formerly operated by bankrupt crypto miner Poolin. The …
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Markets
Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal
by shayaanby shayaanLeverton will lead the DCG-owned mining company as it pursues a public listing through its proposed merger with HeartSciences. www.coindesk.com
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Hut 8 HUT$79.67·At close made its name building infrastructure to mine bitcoin BTC$78,003.01, and a site it is developing in Texas will …
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Finance
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
by shayaanby shayaanHut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing …
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Finance
Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal
by shayaanby shayaanInvestment bank Benchmark has raised its price target on Bitcoin miner Hut 8 following news that the company had signed a second …
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Markets
AI compute stocks bounce as Hut 8, IREN land billions in new contracts
by shayaanby shayaanThe deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity. www.coindesk.com
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Mining
Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector
by shayaanby shayaanBitcoin BTC$64,432.07 miner and AI infrastructure developer Hut 8 (HUT) jumped as much as 14% after announcing a $9.8 billion, 15-year lease …
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Mining
Hut 8 Investors Reach $2.35 Million Settlement Over US Bitcoin Merger Claims
by shayaanby shayaanThis article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …
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Mining
Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger
by shayaanby shayaanFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in …