Hut 8 Soars 15% on 5-Year Energy Deal—Bitcoin Miners Rally Behind Power Play
Bitcoin mining just got a voltage boost. Hut 8’s stock skyrocketed 15% after locking down a 5-year energy supply deal—proving once again that in crypto, the real moonshot is securing cheap electricity.
The sector-wide pump suggests miners are finally learning: you can’t HODL if your rigs are dark. Meanwhile, Wall Street still thinks ‘blockchain’ is a type of Peloton accessory.
This ain’t just about Hut 8—it’s a power grab (literally). When miners secure energy stability, the whole ecosystem wins. Even if 90% of their ‘deals’ still smell like Wyoming wind and Texas grid desperation.
So while TradFi scrambles to price in ‘hashrate futures’ or whatever, the smart money’s watching who controls the juice. Because in the end, Bitcoin’s security boils down to one question: Got power?
