NasdaqGS:HUTSoftware
A Look At Hut 8 (HUT) Valuation As A US$7b AI Expansion Plan Takes Shape
AI expansion and data center buildout reshape the Hut 8 story
Hut 8 (HUT) is in focus after CEO Asher Genoot outlined a US$7b push into AI infrastructure, including the Riverbend campus buildout and plans for future gigawatt scale data centers.
See our latest analysis for Hut 8.
The recent commentary around Hut 8’s US$7b AI buildout comes after a period where the share price has seen a 10.94% 1 month share price decline. However, the stock has also delivered a very large 1 year total...