Posted 10/24/2023, 2:51:02 PM
Hut 8 Mining Stock Surges 21% as Bitcoin Rebounds Toward $35K
- Hut 8 Mining Corp (HUT) shares are up as Bitcoin price rises back towards $35,000.
- HUT has climbed over 21% in the past 5 days amid Bitcoin momentum.
- Hut 8 is a Canada-based digital asset miner and holds more self-mined bitcoin than any other publicly traded company.
- HUT stock has attracted attention from retail investors and short-sellers - 8.69% of shares are being shorted.
- HUT shares currently trade around $2.34, after a 52-week low of $0.78 and high of $4.55.