Hut 8's Stock Rises Amid Strong Market Sentiment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 28 2026
0mins
Should l Buy HUT?
Source: Benzinga
Hut 8 Corp's stock price increased by 7.32% as it crossed above its 5-day SMA, reflecting positive investor sentiment in the cryptocurrency market.
The rise in Hut 8's stock is attributed to a rebound in Bitcoin prices, which surged by 7% to the $68,000 level, restoring market confidence in cryptocurrencies. This positive sentiment has allowed Hut 8 to capitalize on the recovery, showcasing its strong performance among peers despite previous volatility in the crypto market.
The implications of this price movement suggest that Hut 8 is well-positioned to benefit from the ongoing recovery in the cryptocurrency sector, potentially attracting more investors looking for growth opportunities in the digital asset space.
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Analyst Views on HUT
Wall Street analysts forecast HUT stock price to fall
13 Analyst Rating
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 50.970
Low
17.50
Averages
24.54
High
33.00
Current: 50.970
Low
17.50
Averages
24.54
High
33.00
About HUT
Hut 8 Corp. is an energy infrastructure platform. The Company's segments include Power, Digital Infrastructure, Compute, and Other. The Company's Power segment acquires, develops, and manages critical energy assets such as interconnects, powered land, and other electrical infrastructure to address the load demands of energy-intensive applications such as Bitcoin mining and high-performance computing. Its Power segment consists of power generation and managed services. Its Digital Infrastructure segment consists of CPU Colocation and ASIC Colocation services. The Company's Compute segment consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. The Company, through its subsidiary, American Bitcoin Corp., is focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The Company's platform spans approximately 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Oasis Management Increases Stake in Hut 8 Corp.
- Share Acquisition: Oasis Management increased its stake in Hut 8 Corp. by 2,004,953 shares in Q4 2025, with an estimated transaction value of $88.38 million, demonstrating strong confidence in the company and enhancing its investment portfolio in digital infrastructure.
- Increased Ownership: Following the acquisition, Oasis's total holdings in Hut 8 rose to 2,307,683 shares, valued at $106.01 million, representing 6.87% of its reportable U.S. equity assets, reflecting a strategic focus on Hut 8's growth potential.
- Strong Financial Performance: Hut 8 reported revenue of $83.5 million in Q3, a significant year-over-year increase, with $70 million from compute services, and a net income of $50.6 million alongside an adjusted EBITDA of $109 million, showcasing its diversified and profitable business model.
- Optimistic Market Outlook: With a market capitalization of $5.51 billion and 13,696 bitcoins valued at approximately $1.6 billion, Hut 8 solidifies its leadership in digital assets and high-performance computing, attracting long-term investors to focus on the commercialization of its development pipeline.
See More
Oasis Management Increases Stake in Hut 8 Corp.
- Share Acquisition Details: Oasis Management acquired 2,004,953 shares of Hut 8 Corp. in Q4 2025, with an estimated trade value of $88.38 million, reflecting confidence in the company's market outlook and potential.
- Position Value Increase: Post-acquisition, Oasis's total stake in Hut 8 rose to 2,307,683 shares valued at $106.01 million, marking a $95.48 million increase from the previous quarter, indicating strong performance in the digital infrastructure sector.
- Financial Performance Highlights: Hut 8 reported revenues of $83.5 million in Q3, a significant year-over-year increase, with $70 million from compute services and $5.1 million from digital infrastructure, alongside a net income of $50.6 million and an adjusted EBITDA of $109 million, showcasing diversification and profitability.
- Strategic Investment Focus: Oasis's increased stake underscores confidence in Hut 8's energy-backed computing strategy, particularly given the company's management of 1,020 megawatts of energy capacity and an 8,650-megawatt development pipeline, which positions it for higher returns and market share growth in the future.
See More
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Investment Trends: The decline in shares reflects ongoing volatility and investor sentiment in the cryptocurrency market.
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- Market Performance: Coinbase Global's stock has decreased by 3.3%, indicating a downturn in the cryptocurrency exchange market.
- Bitcoin Farms Impact: Bitcoin Farms also experienced a decline, with their value dropping by 3%.
- Strategic Adjustments: The strategy sector has seen a more significant decrease of 7%, reflecting challenges in the broader market.
- Overall Trend: The overall trend suggests a bearish sentiment in the cryptocurrency and related sectors.
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Riot Platforms Declines by 1.9%, Hut 8 Mining Shares Drop 2.9%, and Mara Holdings Falls 2.9% in U.S. Markets
Market Performance: Riot Platforms' shares decreased by 1.9%, while U.S.-listed shares of Hut 8 Mining fell by 2.9%.
Company Overview: Marah Holdings also experienced a decline of 2.9% in its share value.
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Oasis Management Increases Stake in Hut 8 Corp.
- Share Acquisition: Oasis Management increased its stake in Hut 8 Corp. by 2,004,953 shares in Q4 2025, with an estimated transaction value of $88.38 million, demonstrating strong confidence in the company and enhancing its investment portfolio in digital infrastructure.
- Increased Ownership: Following the acquisition, Oasis's total holdings in Hut 8 rose to 2,307,683 shares, valued at $106.01 million, representing 6.87% of its reportable U.S. equity assets, reflecting a strategic focus on Hut 8's growth potential.
- Strong Financial Performance: Hut 8 reported revenue of $83.5 million in Q3, a significant year-over-year increase, with $70 million from compute services, and a net income of $50.6 million alongside an adjusted EBITDA of $109 million, showcasing its diversified and profitable business model.
- Optimistic Market Outlook: With a market capitalization of $5.51 billion and 13,696 bitcoins valued at approximately $1.6 billion, Hut 8 solidifies its leadership in digital assets and high-performance computing, attracting long-term investors to focus on the commercialization of its development pipeline.
See More
Oasis Management Increases Stake in Hut 8 Corp.
- Share Acquisition Details: Oasis Management acquired 2,004,953 shares of Hut 8 Corp. in Q4 2025, with an estimated trade value of $88.38 million, reflecting confidence in the company's market outlook and potential.
- Position Value Increase: Post-acquisition, Oasis's total stake in Hut 8 rose to 2,307,683 shares valued at $106.01 million, marking a $95.48 million increase from the previous quarter, indicating strong performance in the digital infrastructure sector.
- Financial Performance Highlights: Hut 8 reported revenues of $83.5 million in Q3, a significant year-over-year increase, with $70 million from compute services and $5.1 million from digital infrastructure, alongside a net income of $50.6 million and an adjusted EBITDA of $109 million, showcasing diversification and profitability.
- Strategic Investment Focus: Oasis's increased stake underscores confidence in Hut 8's energy-backed computing strategy, particularly given the company's management of 1,020 megawatts of energy capacity and an 8,650-megawatt development pipeline, which positions it for higher returns and market share growth in the future.
See More
ProShares Bitcoin Strategy ETF Falls 1.6%, iShares Bitcoin Trust Declines 1.4%
Market Performance: ProShares Bitcoin Strategy ETF shares have decreased by 1.6%, while shares of Bitcoin Trust have fallen by 1.4%.
Investment Trends: The decline in shares reflects ongoing volatility and investor sentiment in the cryptocurrency market.
See More
RIOT PLATFORMS DECLINES BY 2.7%, MARA HOLDINGS FALLS BY 4.5%
Market Performance: RIO Tinto's stock has decreased by 2.7%, indicating a decline in investor confidence or market conditions.
Company Update: Maraholding's shares have fallen by 4.5%, reflecting potential challenges or negative news affecting the company.
See More
COINBASE GLOBAL FALLS 3.3%, BITFARMS DECLINES 3%, STRATEGY DROPS 7%
- Market Performance: Coinbase Global's stock has decreased by 3.3%, indicating a downturn in the cryptocurrency exchange market.
- Bitcoin Farms Impact: Bitcoin Farms also experienced a decline, with their value dropping by 3%.
- Strategic Adjustments: The strategy sector has seen a more significant decrease of 7%, reflecting challenges in the broader market.
- Overall Trend: The overall trend suggests a bearish sentiment in the cryptocurrency and related sectors.
See More
Riot Platforms Declines by 1.9%, Hut 8 Mining Shares Drop 2.9%, and Mara Holdings Falls 2.9% in U.S. Markets
Market Performance: Riot Platforms' shares decreased by 1.9%, while U.S.-listed shares of Hut 8 Mining fell by 2.9%.
Company Overview: Marah Holdings also experienced a decline of 2.9% in its share value.
See More
