Cantor Fitzgerald upgraded shares of Hut 8 (TSE:HUT – Free Report) to a strong-buy rating in a research note released on Monday,Zacks.com reports.
Separately, HC Wainwright raised Hut 8 from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, August 14th.
Read Our Latest Research Report on HUT
Hut 8 Stock Down 10.0 %
About Hut 8
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers.
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