What is Hut 8 Corp (hut)?

Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issu... Find the latest Hut 8 Corp. (HUT) stock quote, history, news and other vital information to help you with your stock trading and investing.

Is Hut 8 stock a good investment?

As you know Bitcoin price movement is extremely volatile, so does the Hut 8 stock. Coz, the company mines BTC and its price is directly related to BTC prices for profitability. Hut 8 does not mine any other cryptocurrency such as Ethereum or Lite Coin. This is something to make a note of before you go ahead and invest.

What are hut share price targets?

Their HUT share price targets range from $2.00 to $3.50. On average, they predict the company's share price to reach $2.75 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View analysts price targets for HUT or view top-rated stocks among Wall Street analysts. How have HUT shares performed in 2023?

What currency does Hut 8 use?

Currency in USD. Hut 8 Corp. provides digital asset mining and high-performance computing infrastructure solutions in Canada. It operates computing infrastructure sites mines Bitcoin, as well as delivers cloud, colocation, and computing services to enterprise customers. The company was founded in 2017 and is headquartered in Miami, Florida.