Hut 8 Corp. Plunges Another 12% Today. When Will the Bleeding Stop For This Bitcoin Miner?

Key Points Recent Bitcoin price action has done little to prop up Hut 8's valuation, as most Bitcoin miners have been hit hard in today's session. A leveraged Bitcoin mining model works in a rising price environment, but some investors appear willing to call it quits. In combination with significant underperformance from a key subsidiary, there's not a lot to like about the outlook for this company right now. 10 stocks we like better than Hut 8 › Hut 8 (NASDAQ: HUT) is seeing yet another day of i ...