HUT - What's Going On With Bitcoin Mining Stock Hut 8 Tuesday? | Benzinga
Shares of Bitcoin (CRYPTO: BTC) miner Hut 8 Corp (NASDAQ:HUT) are trading higher. The company on Tuesday announced that it entered into definitive agreements for a site in West Texas.
What Happened: Hut 8 said it entered into a power purchase agreement and other definitive agreements for a site in Texas with exclusive access to 205 megawatts of immediately available power capacity and land.
Hut 8 said the purchase power agreement and site gives it access to some of the lowest locational wholesale power pricing ...