Hut 8 is trading 13% up now at $102.73, staging a strong relief rebound after several sharp down sessions and recent AI-valuation concerns.
- The move is supported by a broad technology-sector rally following strong Microsoft earnings, which helped trigger a relief bounce in pre-market trading.
- Modest Bitcoin and crypto gains provide an additional tailwind, though the stock's advance significantly outpaces the movement of the underlying digital assets.