Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2022-06-24 18:22:00

What Is Hut 8 Stock's Outlook As Crypto Crashes?

The cryptocurrency market has crashed with Bitcoin's market value being one-third of what it was at the prior peak in late-2021.There is uncertainty over Hut 8's future stock price outlook in the current environment; while HUT is diversifying beyond cryptocurrency mining, it is still maintaining its policy of holding Bitcoin.Hut 8 Mining is rated as a Hold, taking into account both its revenue diversification efforts and plans, as well as its substantial Bitcoin holdings.

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