Hut 8 shares jump 15% as AI data‑center pipeline valued at $26.6 bn
Hut 8 (HUT) rebounded 14.6% after a 23% earnings‑day plunge, driven by a second 352 MW lease at Beacon Point that lifts its AI contract pipeline to $26.6 bn.
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Hut 8 (HUT) rebounded 14.6% after a 23% earnings‑day plunge, driven by a second 352 MW lease at Beacon Point that lifts its AI contract pipeline to $26.6 bn.
Bitcoin's mining difficulty has remained under its October 2025 all‑time high for 374 consecutive days, the longest gap in the network’s history.
American Bitcoin Corp. reported a $126 million Q3 net profit, driven by a $197 million mark‑to‑market gain on its bitcoin holdings despite lower mining revenue.
Riot Platforms sold over 10,000 BTC to fund AI‑focused data centers, while Hut 8 used Bitcoin sales to repurchase shares, both cutting their holdings sharply in Q3 2026.