Hut 8 Rockets to 4‑Year High as Bitcoin Miner Stocks Heat Up

Ben Graham · ontem às 08:13

Is the BTC USD price ready for $100,000 by the end of the week? Seems like so because Bitcoin miner Hut 8 (HUT) ripped to a fresh four-year high on Monday as its Bitcoin stash and data-center business turned the stock into a market darling.

HUT spiked intraday to $59.76 before closing at $58.25, up +13.6%, while Bitcoin’s renewed strength kept money flowing into the entire mining sector.

(Source: HUT, TradingView)

This comes as Bitcoin starts 2026 in recovery mode and investors chase miners that combine BTC exposure with AI-ready data centers. Overall, the question now is: Will the Bitcoin price outperform some of the best Solana meme coins in Q1 2026?

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What Does Hut 8’s 4-Year High Mean for Everyday Bitcoin Investors?

Hut 8 is a publicly traded Bitcoin mining and data-center company. Think of it as a hybrid between a digital gold miner and a landlord for high-powered computers. When its stock rips higher, it usually reflects two things: confidence in the BTC USDT price and excitement about the company’s energy and infrastructure plans.

In December 2025, Hut 8’s subsidiary American Bitcoin reported it increased its holdings to 5,427 BTC, adding 1,064 BTC to its strategic reserve.

That puts Hut 8 among the top 20 corporate Bitcoin treasuries, which means the stock now behaves partly like a levered BTC play and partly like an infrastructure stock. Presently, Hut 8 holds over $13,600 BTC, and is the eighth largest holder ,trailing Bullish, Metaplanet, and Strategy.

(Source: Bitcoin Treasuries)

The rally doesn’t happen in a vacuum. Bitcoin miners as a group now approach a combined market cap near $70bn as AI and high-performance computing demand make their data centers more valuable.

At the same time, spot Bitcoin ETFs attract large inflows. Presently, all spot Bitcoin ETF issuers in the US manage over $123Bn.

(Source: SosoValue)

Hut 8 isn’t just stacking coins. The company plans four new U.S. sites totaling about 1.53 gigawatts (GW) of power capacity, which would push its platform above 2.5 GW across 19 locations. Simply put, that is a massive expansion of “plug space” for both Bitcoin mining machines and AI servers.

As it stands, it appears that the miner is focusing less on pure Bitcoin production and more on how fast Hut 8 can turn cheap power into high-value computing.

To support this, Hut 8 locked in a 5‑year 310 MW energy-supply agreement in Ontario, which gives it predictable power costs and steadier revenue.

That type of long-term contract matters because it can smooth out the boom-and-bust cycles of pure Bitcoin mining.

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HODL HUT Stock or Buy Bitcoin?

Miner stocks swing harder than Bitcoin. When BTC runs, miners can climb several times faster.

When BTC dumps, miners often fall twice as hard. Many traders often bet on the BTC price. However, for value investors betting on Hut8, their success depends on how well management handles power costs, construction risk, and debt.

Hut 8’s big buildout brings opportunity and execution risk. New sites, long-term leases, and AI customers sound attractive, but delays or cost overruns can hurt margins. And because Hut 8 also holds thousands of Bitcoin on its balance sheet, a sharp BTC sell-off hits both its assets and its share price at the same time.

As such, adding HUT to a crypto portfolio, that may include some of the next coins to explode, doubles down on the same theme instead of diversifying.

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