Will Hut 8’s AI Pivot Reverse Its Stock Slump for Good?

Bitcoin mining company Hut 8 announced on Wednesday an AI data center lease valued at $7 billion with cloud infrastructure provider Fluidstack. The move reinforced a growing trend among crypto miners to pivot toward AI infrastructure. Following the announcement, Hut 8 shares surged, snapping a prolonged period of volatile stock performance and reflecting renewed investor
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