Hut 8.
cryptocurrency mining company
- Reports this week
- 6
- Active events
- 8
- Connections
- 79
What's happening
Active this week
-
Hut 8 and Trump brothers established American Bitcoin, a Bitcoin treasury company, on September 6, 2025.Well supported27 reports2 developments inside
-
Hut 8 is developing new operational sites across the United States, including a major project in Texas, and sites in Illinois and Louisiana.Well supported3 reports3 developments inside
-
UBS named Hut 8 as its top pick in the group, while operations are impacted by power uncertainty in Texas.Some support1 report
-
Hut 8 is building a data center in Louisiana, and Kenny Havard is addressing community concerns about the project.Some support1 report1 development inside
-
Kenny Havard negotiated the project terms directly with Hut 8.Some support1 report
-
Parish President Kenny Havard confirmed on September 9th that the town involved in the matter had received no formal requests.Some support1 report1 development inside
-
Hut 8 received rating upgrades and assumed coverage from Morgan Stanley, Keefe, Bruyette & Woods, and Freedom Capital, with consensus data from MarketBeat.Some support1 report
-
Hut 8 has been located in energy-rich Alberta, Canada.Some support1 report
Earlier this month
-
Hut 8, headquartered in Austin, is recruiting talent from veterans of Vistra.Some support1 report
-
Major investors George Soros and Stanley Druckenmiller have made significant investments in AI data center and crypto mining companies like Hut 8 and Bitdeer.Some support2 reports
-
Hut 8, Nvidia, and Broadcom are linked to a Texas data center project, facing competition and advocating for increased buyback authorization.Some support1 report
One to three months ago
-
Hut 8 reported that increased Bitcoin production led to higher revenue.Some support2 reports
-
Hut 8 trades on Nasdaq as Keefe, Bruyette & Woods raises its target price and Jefferies Financial Group begins coverage.Some support2 reports
-
Prusak joins Giga Energy, a Houston-based company, while American Bitcoin confirms its Nasdaq listing and backing by Eric Trump and Hut 8.Some support2 reports
-
Declining Bitcoin prices and a data center moratorium in New York are pressuring crypto-linked companies and affecting market sentiment.Some support1 report1 development inside
-
Hut 8 is pivoting its operations from Bitcoin mining to AI data center infrastructure amid market decline.Some support1 report
-
Hut 8 trades on the Nasdaq stock exchange as Needham & Company raises its target price and Benchmark lifts its price objective, with MarketBeat providing consensus ratings.Some support1 report
-
Hut 8 received analyst coverage and rating updates from firms like Jefferies and Cantor Fitzgerald, concurrent with a director selling company shares.Some support1 report
-
Hut 8 traded on the electronic stock exchange on July 20, 2026.Well supported3 reports
-
Hut 8 and Entergy are partnering to provide power for a data center in West Feliciana Parish, which is expected to generate $90 million annually for the parish.Some support2 reports
-
A venture involving Hut 8 and American Bitcoin is underway, with Hut 8 holding a majority stake and the settlement pending judge's final approval.Some support1 report1 development inside
-
American Bitcoin company required a reverse stock split to avoid delisting on Nasdaq.Some support1 report
Gone quiet
No new reports in 90+ days-
Hut 8 provided equipment in exchange for 80% of American Bitcoin stock.Speculative2 reports
-
Hut 8 reported its financial figures for the trailing 12-month period on August 9, 2025, involving TTM.Some support3 reports1 development inside
-
Amundi increased its stake in Hut 8, a company listed on the NASDAQ exchange, based on filings disclosed on May 29, 2026.Some support2 reports
-
Hut 8 is transitioning from a Bitcoin miner to an AI data center provider for Nvidia in Texas.Some support3 reports
-
Hut 8 is seeking to overturn a moratorium for a new data center project in Logan County.Some support2 reports
-
Roth Capital initiated coverage with a Buy rating on Hut 8 on June 26, 2025.Speculative1 report
-
Hut 8 announced its strategic moves on August 26, 2025, including using Bitcoin reserves for funding, planning expansion projects in Texas, and securing a credit facility from Coinbase.Some support2 reports
-
Trump threatens tariffs over Canada's Digital Services Tax, impacting crypto miners Hut 8 and Core Scientific, which are also listed as crypto stocks.Speculative1 report1 development inside
-
Hut 8 started operations at the Vega data center on June 30, 2025.Speculative1 report
-
Hut 8 and LendingClub were identified as stocks operating within the same industry.Speculative1 report
-
A BlackRock executive joined the ReserveOne board, following Jaime Leverton's previous leadership of crypto miner Hut 8.Speculative2 reports
-
Joel Block led the merger between Hut 8 and Cathedra Bitcoin, taking the helm as CEO and chairman. He also oversaw the spin-off of Celsius's mining arm, while Drew Armstrong transitioned to an advisory role.Some support1 report
-
Northland analyst raised a price target for Hut 8 on July 22, 2025.Some support1 report
-
Hut 8 is spinning out its mining operations into the newly formed American Bitcoin company.Some support2 reports
-
Hut 8 announced plans for new sites across the United States, and Google took a minority stake in TeraWulf.Some support2 reports1 development inside
-
A crypto market slide caused BTC, Coinbase, and Hut 8 to sink, while traders anticipated the impact of the FED speech.Some support2 reports
-
Benchmark raised its price target for Hut 8, and Mark Palmer analyzed the company's growth plans on August 28, 2025.Some support2 reports1 development inside
-
Several companies, including Hut 8, Riot, Core Scientific, and IREN, are identified as publicly traded Bitcoin miners.Some support1 report
-
Jefferies Financial Group raised Hut 8's rating to 'strong-buy' on May 28, 2026, noting its commitment to Bitcoin mining in Alberta.Some support4 reports
No events began in the chosen period. Widen it, or reset.
Around Hut 8 this week
News at the entities that move Hut 8 most-
Nvidia StructuralNvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Moves Hut 8
-
Stanley Druckenmiller TransactionalStanley Druckenmiller rebuked Scott Bessent's bond market intervention as Bessent increased Treasury buyback operations.Moves Hut 8
-
Bitcoin StructuralA company managing Bitcoin treasury services was listed on the New York Stock Exchange.Moves Hut 8
-
Jefferies Financial Group Mentioned togetherApple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Moves Hut 8
-
MarketBeat Mentioned togetherMarketBeat aggregates data on IDT Corporation stock performance.Moves Hut 8
-
Amundi TransactionalAmundi increased its stock holding in Amazon.com, Inc. on September 28, 2026.Moves Hut 8
Connections
The 40 strongest of 79, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
American Bitcoin Structural
Hut 8 is the majority owner (80%) and primary infrastructure provider for American Bitcoin.
-
Bitcoin Structural
Hut 8's core business model is defined by Bitcoin mining and holding reserves, making its operations highly sensitive to Bitcoin's market movements.
-
Nvidia Structural
Hut 8 provides specialized data hall infrastructure and capacity built specifically to meet Nvidia's operational and architectural requirements.
-
Nasdaq Structural
Hut 8 operates as a company whose market presence is formally contingent upon its listing on the Nasdaq stock exchange.
-
Victor Marrero Structural
A's settlement process is subject to the final approval of B, whose role is that of a judge or high-level arbiter.
-
Kenny Havard Structural
Hut 8's project operations are subject to the oversight, tracking, and direct negotiation of Kenny Havard's office as Parish President.
-
Jefferies Financial Group Mentioned together
Jefferies Financial Group provides analyst coverage and ratings for Hut 8, influencing its stock valuation.
-
Amundi Transactional
Amundi has actively increased its financial stake and tracked Hut 8's stock.
Show all 40 connections
-
Donald Trump Jr. Operational
Hut 8 and Donald Trump Jr. have engaged in partnerships and co-established ventures, such as American Bitcoin.
-
Rick Rickertsen Structural
Rick Rickertsen served as a Director of Hut 8, and the relationship was evidenced by the sale of company shares.
-
CoreWeave Operational
Both companies compete in the high-performance computing sector and operate as neocloud providers.
-
Entergy Transactional
Hut 8 is planning to partner with Entergy to provide necessary power services.
-
Morgan Stanley Transactional
Morgan Stanley provided market coverage and assigned an overweight rating to Hut 8.
-
Benchmark Mentioned together
Benchmark provides financial analysis and rating coverage for Hut 8.
-
Stanley Druckenmiller Transactional
Stanley Druckenmiller opened new positions in Hut 8 stock on August 17, 2026.
-
Eric Trump Operational
Hut 8 and Eric Trump have formed a partnership to launch a new venture, with Eric Trump also serving on a related board.
-
IREN Operational
The evidence suggests the two companies are viewed as market competitors due to comparisons in their market performance.
-
Keefe, Bruyette & Woods Mentioned together
Keefe, Bruyette & Woods has tracked and updated price targets and ratings for Hut 8.
-
MarketBeat Mentioned together
MarketBeat aggregates and displays analyst ratings, consensus targets, and news data specific to Hut 8.
-
Texas Shared context
Hut 8 operates data center infrastructure within Texas, with its operations being subject to the state's local conditions.
-
Texas Shared context
Hut 8 operates and plans expansion projects within the state of Texas.
-
UBS Mentioned together
UBS named Hut 8 as its top pick in the group.
-
New York Shared context
Hut 8 conducts business and maintains long-term partnerships within the context of New York.
-
Illinois Shared context
Hut 8's leasing visibility is concentrated within the geographical context of Illinois.
-
Nueces County Shared context
Hut 8 is establishing a data center presence within the jurisdiction of Nueces County.
-
Freedom Capital Mentioned together
Market analysts upgraded shares of both companies to a strong-buy rating.
-
Reuters Mentioned together
Reuters, a major wire service, reports on company information pertaining to Hut 8.
-
Sam Altman Operational
Sam Altman has issued a public warning targeting leverage risk within Hut 8.
-
Needham & Company Mentioned together
Needham & Company provides financial analysis and target price recommendations for Hut 8.
-
Celestica Operational
Both Hut 8 and Celestica sell hardware components used in AI data centers.
-
Ontario Shared context
Hut 8 operates power projects and secures capacity contracts within the Ontario market.
-
Alberta Shared context
Hut 8 is situated and conducts business within the geographic and regulatory context of Alberta, Canada.
-
Cantor Fitzgerald Mentioned together
The entities are co-mentioned in analyst rating updates.
-
Meta Mentioned together
The evidence is limited to a single snapshot regarding Meta's general business strategy and does not establish a specific coupled relationship with Hut 8.
-
Florida Shared context
Hut 8 is based in Florida.
-
Louisiana Shared context
Hut 8 is establishing operational facilities, including a data center and bitcoin mining operation, within the borders of the state of Louisiana.
-
TTM Mentioned together
Both entities are reported on in financial contexts, specifically regarding trailing 12 month figures.
-
TheStreet Mentioned together
TheStreet reports on the stock performance and rallies of Hut 8.
-
AEP Texas Shared context
No direct coupling or relationship between AEP Texas and Hut 8 was observed in the provided evidence.
-
AMD Mentioned together
The single piece of evidence provided only places Hut 8 within the neocloud group and does not establish a relationship with AMD.
History
Events by the month they beganSeptember 2026
8 events- UBS named Hut 8 as its top pick in the group, while operations are impacted by power uncertainty in Texas.
- Hut 8 is building a data center in Louisiana, and Kenny Havard is addressing community concerns about the project.
- Kenny Havard negotiated the project terms directly with Hut 8.
- Parish President Kenny Havard confirmed on September 9th that the town involved in the matter had received no formal requests.
- Hut 8 received rating upgrades and assumed coverage from Morgan Stanley, Keefe, Bruyette & Woods, and Freedom Capital, with consensus data from MarketBeat.
- Hut 8 has been located in energy-rich Alberta, Canada.
- Hut 8, headquartered in Austin, is recruiting talent from veterans of Vistra.
- Hut 8, Nvidia, and Broadcom are linked to a Texas data center project, facing competition and advocating for increased buyback authorization.
August 2026
5 events- Major investors George Soros and Stanley Druckenmiller have made significant investments in AI data center and crypto mining companies like Hut 8 and Bitdeer.
- Hut 8 reported that increased Bitcoin production led to higher revenue.
- Hut 8 trades on Nasdaq as Keefe, Bruyette & Woods raises its target price and Jefferies Financial Group begins coverage.
- Prusak joins Giga Energy, a Houston-based company, while American Bitcoin confirms its Nasdaq listing and backing by Eric Trump and Hut 8.
- Hut 8 is pivoting its operations from Bitcoin mining to AI data center infrastructure amid market decline.
July 2026
6 events- Declining Bitcoin prices and a data center moratorium in New York are pressuring crypto-linked companies and affecting market sentiment.
- Hut 8 trades on the Nasdaq stock exchange as Needham & Company raises its target price and Benchmark lifts its price objective, with MarketBeat providing consensus ratings.
- Hut 8 received analyst coverage and rating updates from firms like Jefferies and Cantor Fitzgerald, concurrent with a director selling company shares.
- Hut 8 traded on the electronic stock exchange on July 20, 2026.
- Hut 8 and Entergy are partnering to provide power for a data center in West Feliciana Parish, which is expected to generate $90 million annually for the parish.
- American Bitcoin company required a reverse stock split to avoid delisting on Nasdaq.
Show 1 earlier month
June 2026
22 events- Hut 8 and Trump brothers established American Bitcoin, a Bitcoin treasury company, on September 6, 2025.
- Hut 8 is developing new operational sites across the United States, including a major project in Texas, and sites in Illinois and Louisiana.
- A venture involving Hut 8 and American Bitcoin is underway, with Hut 8 holding a majority stake and the settlement pending judge's final approval.
- Hut 8 provided equipment in exchange for 80% of American Bitcoin stock.
- Hut 8 reported its financial figures for the trailing 12-month period on August 9, 2025, involving TTM.
- Amundi increased its stake in Hut 8, a company listed on the NASDAQ exchange, based on filings disclosed on May 29, 2026.
- Hut 8 is transitioning from a Bitcoin miner to an AI data center provider for Nvidia in Texas.
- Hut 8 is seeking to overturn a moratorium for a new data center project in Logan County.
- Roth Capital initiated coverage with a Buy rating on Hut 8 on June 26, 2025.
- Hut 8 announced its strategic moves on August 26, 2025, including using Bitcoin reserves for funding, planning expansion projects in Texas, and securing a credit facility from Coinbase.
- Trump threatens tariffs over Canada's Digital Services Tax, impacting crypto miners Hut 8 and Core Scientific, which are also listed as crypto stocks.
- Hut 8 started operations at the Vega data center on June 30, 2025.
- Hut 8 and LendingClub were identified as stocks operating within the same industry.
- A BlackRock executive joined the ReserveOne board, following Jaime Leverton's previous leadership of crypto miner Hut 8.
- Joel Block led the merger between Hut 8 and Cathedra Bitcoin, taking the helm as CEO and chairman. He also oversaw the spin-off of Celsius's mining arm, while Drew Armstrong transitioned to an advisory role.
- Northland analyst raised a price target for Hut 8 on July 22, 2025.
- Hut 8 is spinning out its mining operations into the newly formed American Bitcoin company.
- Hut 8 announced plans for new sites across the United States, and Google took a minority stake in TeraWulf.
- A crypto market slide caused BTC, Coinbase, and Hut 8 to sink, while traders anticipated the impact of the FED speech.
- Benchmark raised its price target for Hut 8, and Mark Palmer analyzed the company's growth plans on August 28, 2025.
- Several companies, including Hut 8, Riot, Core Scientific, and IREN, are identified as publicly traded Bitcoin miners.
- Jefferies Financial Group raised Hut 8's rating to 'strong-buy' on May 28, 2026, noting its commitment to Bitcoin mining in Alberta.