Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

Market Intelligence Analysis

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Why This Matters

Benchmark has upgraded its price target for Hut 8 to $78, citing the company's shift towards energy infrastructure as a unique bet on AI and future power-hungry technologies.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%

Article Context

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The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.

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Original article published by Unknown on October 28, 2025.
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