Shares of Hut 8 Mining Corp (HUT) are trading 11% higher at a price of $3.295 at the time of this writing.

Hut 8 Mining Corp has been trading between a 52-week high of $16.57 and a 52-week low of $1.27. The stock has a market cap of $633 Million.

Hut 8 is one of North America’s largest innovation-focused digital asset miners, supporting open and decentralized systems since 2018. Located in energy rich Alberta, Canada, Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined Bitcoin than any crypto miner or publicly traded company globally. Hut 8 is executing on its commitment to mining and holding Bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of Bitcoin’s market direction.

Hut 8 Mining Corp. (HUT) CEO Jaime Leverton on Q2 2022 Results - Earnings Call Transcript
Seeking Alpha 08-11-22

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Seeking Alpha 08-11-22

Why Bakkt Holdings, Marathon Digital Holdings, and Hut 8 Mining Corp Are Rising Today
The Motley Fool 08-11-22

Hut 8 Mining Shares Pop Premarket As It Registers 31% Revenue Growth In Q2
Benzinga 08-11-22

Hut 8 Mining GAAP EPS of -C$0.49, revenue of C$43.85M
Seeking Alpha 08-11-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Tybasco - 1 upvotes - source
Eggs hut my tum tum

Unitedtendies - 1 upvotes - source
You won’t be able to afford a hut in 2024. Lmao 

Soi_Boi_13 - 1 upvotes - source
HUT 🚀🚀🚀🚀