Hut 8’s Stock Outperforms a Brutal Mining Market
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While much of the mining industry struggled in 2025, Hut 8’s stock surged more than 134% over the past year, trading around $51 according to market data. The gains came despite reduced block rewards following the 2024 halving and rising energy and hardware costs that squeezed competitors.
Analysts point to diversification and balance sheet strength as key drivers. As weaker miners cut back or shut down, Hut 8’s strategy of expansion and capital access has helped it outperform in an otherwise punishing environment.
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surviving the halving and stacking btc instead of dumping it is a flex