Hut 8 stock fell 11% to $78.54 on Friday, TeraWulf dropped 5% to $15.58, and IREN declined 3% to $41.20, with the sell-off tracking each stock's 2026 gains and signaling profit-taking rather than a re…
Hut 8 CEO Asher Genoot said AI compute is 'critical infrastructure' akin to railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.…
Hut 8 CEO Asher Genoot told Yahoo Finance that space data centers are still a ways away, as the company focuses on cutting data center delivery times in half to unlock a $1.75 billion annual EBITDA pi…
Hut 8 Corp. shares fell about 4.5% in late morning trading after the company reported second-quarter revenue of $74.9 million, missing analyst estimates. The company's contracted AI infrastructure por…
Hut 8 Corp. signed a $9.8 billion, 15-year lease to fully commercialize its Beacon Point campus in Texas, bringing its total base-term contract value to $26.6 billion. The company, once dismissed as a…
Hut 8 Corp. hired NextEra Energy veteran Mark Eidelman as Head of Investor Relations and Senior Vice President of Strategic Finance, effective June 4, 2026. The former J.P. Morgan banker, who managed …