Arete Research Sees More Than 150% Upside In Hut 8 Stock

2 weeks ago 7

CryptoProwl

Mon, March 23, 2026 astatine 9:06 AM CDT 1 min read

Arete Research Sees More Than 150% Upside In Hut 8 Stock

Independent equity probe steadfast Arete Research has initiated sum of Canada’s Hut 8 banal (NASDAQ: $HUT) with a bargain standing and a $136 U.S. terms target.

The terms people is the highest connected Wall Street and is 162% higher than wherever HUT banal presently trades.

London, England-based Arete Research is bullish connected Hut 8 arsenic the institution executes its modulation into artificial quality (A.I.) and high-performance computing (HPC) information centres.

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In a enactment to clients, Arete cited Hut 8’s River Bend lease statement arsenic a cardinal origin successful its affirmative appraisal of the institution and its stock.

The 15-year lease includes rent outgo guarantees from Google genitor institution Alphabet (NASDAQ: $GOOGL).

The statement with Alphabet should make an mean of $454 cardinal U.S. successful yearly operating income for Hut 8 with 99% margins, according to Arete Research.

Arete besides notes that Hut 8’s outgo of indebtedness for its information centre operations remains debased by manufacture standards, which is different crushed to see buying the stock.

If there’s 1 interest astir Hut 8, it is the company’s Bitcoin (CRYPO: $BTC) exposure, said analysts astatine Arete.

Hut 8 owns astir 61% of American Bitcoin (NASDAQ: $ABTC), the crypto treasury institution founded by Eric Trump and Donald Trump Jr.

Hut 8 besides maintains its committedness to Bitcoin mining. The 2 heavy exposure the institution to the existent downturn successful BTC’s price.

HUT banal is presently trading astatine $51.94 U.S. per share, having gained 272% successful the past year.

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