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.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Bank of Korea launches Phase 2 of 'Project Hangang'… CBDC pilot resumes, broader bank participation

40 minutes ago
Bank of Korea launches Phase 2 of 'Project Hangang'… CBDC pilot resumes, broader bank participation

[Market] Bitcoin breaks below $68,000…selling pressure intensifies on Middle East risk

1 hours ago
[Market] Bitcoin breaks below $68,000…selling pressure intensifies on Middle East risk

[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.

14 hours ago
[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.

BOK governor nominee: Shin Hyun-song, BIS monetary and economic department director, tapped—‘conservative on stablecoins’

15 hours ago
BOK governor nominee: Shin Hyun-song, BIS monetary and economic department director, tapped—‘conservative on stablecoins’

Bitcoin Mining Difficulty Falls 7.8%… “Miner Exodus Widens Amid Shift to AI”

16 hours ago
Bitcoin Mining Difficulty Falls 7.8%… “Miner Exodus Widens Amid Shift to AI”

Trending News