Hut 8 Mining Corp (NASDAQ: HUT) saw a significant stock price jump, up 8.86% to $48.42, driven by a recovery in the cryptocurrency market. Bitcoin rebounded by 7% to the $68,000-level after a challenging period for crypto-exposed stocks. This performance highlights Hut 8’s strong position and a substantial lead over its sector peers, with a 131.99% advance over the past year compared to an average of +6.65% for competitors.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Hut 8 Mining Stock Jumps As Bitcoin Rebounds
Hut 8 Mining Corp (NASDAQ: HUT) saw a significant stock price jump, up 8.86% to $48.42, driven by a recovery in the cryptocurrency market. Bitcoin rebounded by 7% to the $68,000-level after a challenging period for crypto-exposed stocks. This performance highlights Hut 8’s strong position and a substantial lead over its sector peers, with a 131.99% advance over the past year compared to an average of +6.65% for competitors.