Hut 8, Rumored Partnership with Meta... Up 12% in Pre-Market Trading

Source
YM Lee

Summary

  • Hut 8's stock rose approximately 12% from the previous day due to rumors of a partnership with Meta.
  • Hut 8 is gaining investor interest due to speculation about building a data center with Meta.
  • Neither Hut 8 nor Meta has made an official statement regarding these rumors.

Rumors are circulating about a partnership between Bitcoin mining company Hut 8 and social media platform Meta.

According to a report by CoinDesk on the 12th (local time), Hut 8 is attracting investor interest in pre-market trading amid speculation that it is building a data center with Meta Platforms, the parent company of Facebook. Neither Meta nor Hut 8 has made an official statement.

Currently, Hut 8's stock is trading at around $30, up approximately 12% from the previous day.

publisher img

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
What did you think of the article you just read?