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Hut 8 (HUT) Settles $2.35 Million Lawsuit As AI Data Centre Push Continues
Simply Wall St.51d agobearish
Hut 8 (HUT) Settles $2.35 Million Lawsuit As AI Data Centre Push Continues

Hut 8 (NasdaqGS:HUT) has agreed to a proposed $2.35 million settlement of a securities class-action lawsuit. The case focused on alleged undisclosed operational issues at a key mining facility tied to its 2023 merger with U.S. Bitcoin Corp. The company denies wrongdoing, but the settlement removes a legal overhang for existing and prospective shareholders. The resolution comes as Hut 8 pursues an AI data centre landlord model, including new leases and expansion into Miami. Hut 8, best known...

Bitdeer Technologies (BTDR): Top Crypto and AI Play in Situational Awareness Portfolio
Insider Monkey52d agoneutral
Bitdeer Technologies (BTDR): Top Crypto and AI Play in Situational Awareness Portfolio

We just covered Leopold Aschenbrenner’s Situational Awareness Reveals Its 10 Under-The-Radar AI Stock Picks. Bitdeer Technologies Group (NASDAQ:BTDR) ranks #7 (see Situational Awareness Top 5 Under-The-Radar AI Stock Picks). Situational Awareness Stake Value: $29,751,243 Bitdeer Technologies Group (NASDAQ:BTDR) is a Bitcoin miner founded in 2021 that is now pivoting toward AI cloud services. What makes it […]

AI stock surges amid multi-million-dollar lawsuit
TheStreet53d agobullish
AI stock surges amid multi-million-dollar lawsuit

Shares of Hut 8 (NASDAQ: HUT) tumbled in the pre-market session on June 22 but recovered lost ground after the morning bell. The stock fell about 7% to $112.50 after closing the prior day down 2.73% at $121.04. But at press time, the shares were trading 2.36% higher inraday and trading near ...

Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Lauder, Hut 8, Incyte, SpaceX, and More
24/7 Wall St.54d agoneutral
Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Lauder, Hut 8, Incyte, SpaceX, and More

Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud

Billionaire Dan Loeb is Buying This AI Data Center and Crypto Stock
Insider Monkey59d agobullish
Billionaire Dan Loeb is Buying This AI Data Center and Crypto Stock

We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Hut 8 (NASDAQ:HUT) ranks #4 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 869,563 Shares Valued at Approximately $40.79 Million (NEW position) Hut 8 (NASDAQ:HUT) is transitioning from Bitcoin mining into […]

Hut 8 (HUT) Is Up 5.9% After Naming O’Neal Chair and Filing $528M Shelf Registration
Simply Wall St.62d agoneutral
Hut 8 (HUT) Is Up 5.9% After Naming O’Neal Chair and Filing $528M Shelf Registration

Hut 8 Corp. recently appointed former Merrill Lynch CEO E. Stanley O'Neal as Chair of the Board and filed a US$528.40 million shelf registration for 5,000,000 common shares tied to an employee stock ownership plan. These governance and financing moves come as Hut 8 accelerates its shift toward long-term AI data center infrastructure, backed by large investment-grade bond deals and multi-year capacity contracts. Next, we’ll examine how O’Neal’s appointment and the expanded financing toolkit...

Is Hut 8 Corp. (HUT) A Good Stock To Buy Now?
Insider Monkey63d agobullish
Is Hut 8 Corp. (HUT) A Good Stock To Buy Now?

Is HUT a good stock to buy? We came across a bullish thesis on Hut 8 Corp. on The Mispricing Desk’s Substack. In this article, we will summarize the bulls’ thesis on HUT. Hut 8 Corp.’s share was trading at $119.60 as of June 8th. HUT’s trailing and forward P/E were 28.26 and 84.75 respectively according to […]

Forget Bitcoin ETFs: This Crypto Stock Fund Is Up 11% YTD While Bitcoin Drops 29%
24/7 Wall St.64d agobearish
Forget Bitcoin ETFs: This Crypto Stock Fund Is Up 11% YTD While Bitcoin Drops 29%

Spot Bitcoin ETFs were supposed to be the simplest way to own crypto. Funds like the iShares Bitcoin Trust (NASDAQ:IBIT) made it easy: low fees, direct spot exposure, no wallet headaches. Buyers in early 2026 wanted clean access to crypto’s upside. Instead they got a fund tracking a coin down 29.36% year to date. The Amplify Transformational Data Sharing ... Forget Bitcoin ETFs: This Crypto Stock Fund Is Up 11% YTD While Bitcoin Drops 29%

Hut 8 Secures US$4.25b AI Financing As Market Weighs New Direction
Simply Wall St.64d agoneutral
Hut 8 Secures US$4.25b AI Financing As Market Weighs New Direction

Hut 8 (NasdaqGS:HUT) secured a $4.25 billion, investment grade, non recourse financing for its Beacon Point AI data center in Texas. The facility is fully leased to an investment grade tenant, with the structure described as fully amortizing, non dilutive, and non recourse to Hut 8. The deal signals growing institutional interest in Hut 8's AI infrastructure plans beyond its Bitcoin mining roots. For investors tracking NasdaqGS:HUT, this move comes with the stock trading at $116.31 and a...

Trump family is profiting off crypto. Are their investors paying the price?
Yahoo Finance Video66d agoneutralVIDEO
Trump family is profiting off crypto. Are their investors paying the price?

Reuters recently reported that the Trump family added $2.3 billion to their fortune from crypto, while their investors took a $2.3 billion hit. Scott Melker discusses more in the video above. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Is Hut 8 Corp (HUT) An Undervalued AI Mid-Cap Stock Right Now?
Insider Monkey66d agoneutral
Is Hut 8 Corp (HUT) An Undervalued AI Mid-Cap Stock Right Now?

Hut 8 Corp. (NASDAQ:HUT) is one of the 12 Best Mid-Cap AI Stocks to Buy According to Analysts. Hut 8 Corp. (NASDAQ:HUT) started June with a positive update. On June 1, Keefe Bruyette reaffirmed its Outperform rating on the stock and raised its price target. The firm raised its price target on the shares from […]

DoubleLine, Oaktree Brace for Potential AI Pain
Bloomberg70d agoneutral
DoubleLine, Oaktree Brace for Potential AI Pain

(Bloomberg) -- Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform well if the artificial intelligence boom turns into a credit bust.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs D