What made Bitcoin mining major Hut 8 shares surge?

What made Bitcoin mining major Hut 8 shares surge?

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Hut 8 Corp (NASDAQ:HUT) shares surged about 20 percent on Thursday after the Bitcoin mining giant reported an uptick in revenue to $60.6 million for the six-month period ending December 31, 2023. This was accompanied by a net income of $6.2 million, contrasting sharply with the prior year’s net loss. Adjusted EBITDA witnessed a substantial […]

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