Northland Capital initiated coverage on Hut 8 Mining with a new price target
$HUT
Finance: Consumer Services
Finance
Northland Capital initiated coverage of Hut 8 Mining with a rating of Outperform and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/6/2025 | $25.00 | Buy | Roth Capital |
| 5/22/2025 | $25.00 | Mkt Outperform | Citizens JMP |
| 5/14/2025 | $25.00 | Buy | B. Riley Securities |
| 5/1/2025 | $20.00 | Buy | Maxim Group |
| 4/21/2025 | $20.00 | Outperform | Northland Capital |
| 4/14/2025 | $18.00 | Buy | BTIG Research |
| 3/7/2025 | $23.00 | Buy | Rosenblatt |
| 1/8/2025 | Outperform | Keefe Bruyette |
Roth Capital initiated coverage of Hut 8 Mining with a rating of Buy and set a new price target of $25.00
Citizens JMP initiated coverage of Hut 8 Mining with a rating of Mkt Outperform and set a new price target of $25.00
B. Riley Securities initiated coverage of Hut 8 Mining with a rating of Buy and set a new price target of $25.00
S-8 - Hut 8 Corp. (0001964789) (Filer)
425 - Hut 8 Corp. (0001964789) (Filed by)
425 - Hut 8 Corp. (0001964789) (Subject)
Positions American Bitcoin to become a publicly traded vehicle for low-cost Bitcoin accumulation at scale MIAMI, May 12, 2025 /PRNewswire/ -- American Bitcoin Corp. ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, today announced that it has entered into a definitive merger agreement with Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon") pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the management and board of directors of American Bitcoin. The combined company is e
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreement to go public with Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon") pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the American Bit
ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarter Launch of American Bitcoin accelerates Hut 8's evolution as an integrated energy infrastructure platform Earnings Release Highlights Revenue of $21.8 million, net loss of $134.3 million, and Adjusted EBITDA of ($117.7) million.Total energy capacity under management of 1,020 megawatts ("MW") as of March 31, 2025.~10,800 MW development pipeline with ~2,600 MW of capacity under exclusivity as of March 31, 2025.Strategic Bitcoin reserve of 10,264 Bitcoin with a market value of $847.2 million as of March 31, 2025. MIAMI, May 08, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. ((Nasdaq, TSX: