Hut 8 is trading 4.57% down at $83.14, most likely reflecting crypto-linked pressure and profit-taking.
- The decline reverses August 27’s 2.51% gain.
- Bitcoin is down 1.62% since the previous close, while Solana and XRP are down 4.62% and 3.66%, respectively.
- Avala Global’s reported $144.6 million stake is supportive, but no same-day announcement explains the selling.