Hut 8 Mining Corp (HUT) is trading -9% lower at $2.715 today. So far the Information Technology sector has been having a cheerful day, and the share price of the company is trailing it's peers.

A strong factor in the price movement would likely be the most recent earnings call on August 11.

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 $521 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.

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