24/7 Wall Street
04 Nov 2026, 18:51 UTC · 25m ago
Hut 8 Sold 3,102 Bitcoin to Buy Back $250 Million of Its Own Stock. Which Miners Are Still Holding Theirs?
Impact · against what's priced in
Hut 8's revenue miss and aggressive Bitcoin liquidation to fund buybacks reinforce market skepticism regarding its ability to execute its AI transition without further volatility. For RIOT, MARA, and CLSK, the update confirms a widening divide between miners liquidating reserves for infrastructure and those maintaining them as core assets.
- HUT−0.70
Challenges what's priced in
- The price assumes





