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Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals

Covered by 2 sources · 2 articles

2 outlets - including Cryptobriefing and Theblock - are covering this story. Hut 8's AI data center expansion signals a strategic shift with potential for significant long-term growth, despite execution and market risks. The post Benchmark raises Hut 8 target to $165 amid $16.8B in AI data center contracts appeared…

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Benchmark raises Hut 8 target to $165 amid $16.8B in AI data center contracts
Crypto Briefing News Jul 14, 15:36 UTC

Benchmark raises Hut 8 target to $165 amid $16.8B in AI data center contracts

Hut 8's AI data center expansion signals a strategic shift with potential for significant long-term growth, despite execution and market risks. The post Benchmark raises Hut 8 target to $165 amid $16.8B in AI data center contracts appeared…

Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals
The Block Jul 14, 15:10 UTC

Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals

Benchmark raised Hut 8's target to $165, citing $16.8 billion in AI data center contracts and Beacon Point commercialization.