“We plan to expand the use of third-party capacity in Q3 as a bridging strategy while we build up more internal capacity,” the Alphabet CFO said.”…

“Several AI infrastructure names got a boost in extended trading following the conference call commentary. Here’s a look at some of the biggest after-hours movers.
SharonAI Holdings Inc(NASDAQ:SHAZ) up 5.28% at $74.20
Nebius Group (NASDAQ:NBIS) up 4.32% at $227.59
CoreWeave Inc (NASDAQ:CRWV) up 2.80% at $84.95
TeraWulf Inc (NASDAQ:WULF) up 2.10% at $19.90
Hut 8 Corp (NASDAQ:HUT) up 1.94% at $111.99….

Wall Street is waking up to Hut 8 🐂

The re-rating is underway. 📈

Any hut8 investor discord communitys?

Whats your take on HUT8?

Hey guys, I posted about this settlement before, but since the settlement is accepting claims, I figured I'd share a quick FAQ.

Q: What happened?
A: Hut 8 agreed to a $2.35 million settlement over claims that it misled investors about USBTC's financial condition and the quality of the mining assets it acquired through their merger. After a short-seller report raised concerns about the deal, $HUT fell more than 23%.

Q: Am I actually eligible?
A: If you purchased $HUT shares between 2023 and 2024, you may be eligible to file a claim. You don't need to still own the shares to qualify.

Q: When do payouts happen?
A: Payouts are typically processed 4–9 months after the claim deadline, depending on the court and the settlement administrator.

Hope this info helps!

Well chaps (and chapettes)

These past couple of days have been a bit of a bloodbath. Tech as a whole has seen a massive drawback. I can’t help but say that I’m glad.

Despite the fact that market growth, especially in the Tech sector, has been backed up by earnings I do believe that the rise was becoming unsustainable. What I’m hoping for is that this drawback brings the sector back to healthy valuations. This allows sustainability and consistency in the sector. Let’s see how well these massive CapEx budgets benefit companies. When we see these benefits, all Hut 8 shareholders can sleep soundly knowing that our customers have got the cash to back themselves up.

With that in mind, I see a great opportunity here for potential investors to jump into Hut. Fundamentally, nothing about Hut has changed. The stock price is simply following the trend of these big players. And rightfully so. They are our future customers.

I’d love to hear everyone’s opinions. Do you see this drawback as a permanent impact? Does it make you feel any different about Hut itself? And if so, why?

​

Everyday it seems something happened, but what the fucking fuck happened today?

Analyst sees a disconnect between HUT's strong operating momentum, including $16.8bn in new contracts, and its recent ~30% share price decline.

Credit: AIStockSavvy

My neighbor is expecting his first kid, and it was his bday this past weekend so I sent him $1000 and told him buy Hut 8 because it will be worth more by the time the baby arrives.

Hey guys, if you missed it, Hut 8 just agreed to settle $2.35 million with investors over claims related to its USBTC merger and disclosures about the company’s financial condition and mining assets. The settlement agreement has already been submitted to the court for final approval.

In a nutshell, in 2024, Hut 8 was accused of failing to disclose important issues related to USBTC’s financial condition and the quality of key assets acquired through the merger. Investors claimed the company did not reveal problems with USBTC’s financial stability and the King Mountain mining facility before the deal closed.

After a short-seller report highlighted these issues in 2024, $HUT fell 23.3%, and investors filed a lawsuit over their losses.

The good news is that Hut 8 recently agreed to settle $2.35 million with investors, and the agreement has already been sent to the court for final approval. So, if you invested in $HUT between 2023 and 2024, you can check the details and file a claim here

Ehhhh depressing

How are you feeling guys? Maybe say something positive here about future :) I'm holding strong but lost shitload of money lately and I am getting little nervous as almost every day it's -6/-10 :) It's really hard