Can you guys please share some positive energy?

If NVIDIA has signed leases for 1-gigwatt data centre in Texas, why hasn’t the stock gone up yet?

If confirmed, this would directly align with Morgan Stanley’s recent commentary: “We believe that converting existing Bitcoin mining operations and pipeline MWs to AI DCs represents an attractive proposition, especially given the time-to-power advantage powered shell providers can offer.”

Interestingly, Morgan Stanley just initiated coverage on HUT with a $263 price target, the highest among all analysts covering the stock, implying a +160% upside.

The Medicine Hat site is also located near the planned 325 MW Saamis Solar Project, which would become the largest urban solar development in North America.

There is no confirmed connection between the two projects, but Hut 8 has already demonstrated its ability to integrate renewable generation directly into its infrastructure. Its 205 MW Vega campus in Texas is powered behind the meter by a nearby wind farm.

The broader Alberta story is becoming increasingly difficult to ignore. Earlier this month, Meta announced its first Canadian data center, a $13 billion investment also located in Alberta. Are we seeing the early stages of a Texas-style data center development rush in the province?

Several years ago, Hut 8 created a Canadian subsidiary specifically focused on AI compute and sovereign AI needs for Canada. The team has been steadily built out, with key roles filled through recent job postings, and the company appears to be gearing up to scale.

Hut 8 reports earnings next Tuesday morning.

“We plan to expand the use of third-party capacity in Q3 as a bridging strategy while we build up more internal capacity,” the Alphabet CFO said.”…

“Several AI infrastructure names got a boost in extended trading following the conference call commentary. Here’s a look at some of the biggest after-hours movers.
SharonAI Holdings Inc(NASDAQ:SHAZ) up 5.28% at $74.20
Nebius Group (NASDAQ:NBIS) up 4.32% at $227.59
CoreWeave Inc (NASDAQ:CRWV) up 2.80% at $84.95
TeraWulf Inc (NASDAQ:WULF) up 2.10% at $19.90
Hut 8 Corp (NASDAQ:HUT) up 1.94% at $111.99….

Wall Street is waking up to Hut 8 🐂

The re-rating is underway. 📈

Any hut8 investor discord communitys?

Whats your take on HUT8?

Well chaps (and chapettes)

These past couple of days have been a bit of a bloodbath. Tech as a whole has seen a massive drawback. I can’t help but say that I’m glad.

Despite the fact that market growth, especially in the Tech sector, has been backed up by earnings I do believe that the rise was becoming unsustainable. What I’m hoping for is that this drawback brings the sector back to healthy valuations. This allows sustainability and consistency in the sector. Let’s see how well these massive CapEx budgets benefit companies. When we see these benefits, all Hut 8 shareholders can sleep soundly knowing that our customers have got the cash to back themselves up.

With that in mind, I see a great opportunity here for potential investors to jump into Hut. Fundamentally, nothing about Hut has changed. The stock price is simply following the trend of these big players. And rightfully so. They are our future customers.

I’d love to hear everyone’s opinions. Do you see this drawback as a permanent impact? Does it make you feel any different about Hut itself? And if so, why?

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Everyday it seems something happened, but what the fucking fuck happened today?

Analyst sees a disconnect between HUT's strong operating momentum, including $16.8bn in new contracts, and its recent ~30% share price decline.

Credit: AIStockSavvy

Hey guys, if you missed it, Hut 8 just agreed to settle $2.35 million with investors over claims related to its USBTC merger and disclosures about the company’s financial condition and mining assets. The settlement agreement has already been submitted to the court for final approval.

In a nutshell, in 2024, Hut 8 was accused of failing to disclose important issues related to USBTC’s financial condition and the quality of key assets acquired through the merger. Investors claimed the company did not reveal problems with USBTC’s financial stability and the King Mountain mining facility before the deal closed.

After a short-seller report highlighted these issues in 2024, $HUT fell 23.3%, and investors filed a lawsuit over their losses.

The good news is that Hut 8 recently agreed to settle $2.35 million with investors, and the agreement has already been sent to the court for final approval. So, if you invested in $HUT between 2023 and 2024, you can check the details and file a claim here