Hut 8 (HUT) price target doubled to $165 on $16.8B AI lease
The $16.8B contracted backlog reframes Hut 8 from a bitcoin miner into an AI infrastructure landlord, even if Q2 earnings stay noisy on mark-to-market BTC accounting.
Every Zipp story tagged #AnalystRating, newest first.
The $16.8B contracted backlog reframes Hut 8 from a bitcoin miner into an AI infrastructure landlord, even if Q2 earnings stay noisy on mark-to-market BTC accounting.
The pause is small in dollar terms but it breaks a year-plus accumulation streak, and both Benchmark and TD Cowen read it as deliberate balance-sheet discipline rather than a signal of waning…
The bitcoin revision does the heavy lifting: Cowen's prior $140K year-end call was already aggressive, and a $40K haircut to $100K flows straight into the proxy that anchors its valuation of…