Back to all news
Bitcoin

Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal

Bitcoin Magazine·July 22, 2026·1 min read
Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal

Investment bank Benchmark raised its price target for Bitcoin miner Hut 8 after the company signed a $9.8 billion AI data center deal. The stock is expected to soar due to Hut 8's AI ambitions. The news was reported by Bitcoin Magazine and written by Mathew Di Salvo.

Read at Bitcoin Magazine
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store