The Block (@TheBlockCo): THE BLOCK: Benchmark raised Hut 8's price target by nearly 20% after the company doubled its leased capacity at its Beacon Point AI campus.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- HUT+75Positive
THE BLOCK: Benchmark raised Hut 8's price target by nearly 20% after the company doubled its leased capacity at its Beacon Point AI campus. The firm said $HUT is evolving into a "power-first data center REIT," with $26.6 billion in contracted revenue.