Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst - Hut...

Published on 22 Apr 2024 on Benzinga

Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst - Hut...

Hut 8 Corp HUT shares have been in focus with the Bitcoin halving event impacting miners.

Following the merger of "old HUT" with US Bitcoin Corporation (USBTC), which closed in November 2023, the prospects of the new entity have been buoyed by diversified revenue streams and initiatives to increase profitability, according to Benchmark.

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Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst - Hut...

NASDAQ.HUT price evolution

CRYPTO.BCH price evolution

Want to become a better investor?