Hut 8 (HUT) Stock News

Hut 8 secured a $1.07B revolving credit facility led by J.P. Morgan to support AI data center development. TD Cowen downgraded Ag Growth International, sending shares down 27.4%. Slate Grocery REIT agreed to a $2.34B takeover by Brixmor Property and Everview Partners at $13/unit. Canada's Competition Bureau is investigating minimum advertised pricing by grocers. A Dow Jones analysis highlights Canada's push to diversify energy exports amid U.S. trade pressure.

Hut 8 expands liquidity with $1.07B credit facility. Separately, Soluna and Bitdeer expand co-mining agreement to 35 MW, and Fusemachines gains access to IBM Fusion infrastructure.

UBS began covering Hut 8 with a Buy recommendation.

UBS started coverage of Hut 8 Mining (HUT) with a Buy rating and a $143 price target. The initiation comes from a major global bank, signaling confidence in the bitcoin miner's outlook.