Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst
Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst
Hut 8 Corp (NASDAQ:HUT) shares have been in focus with the Bitcoin halving event impacting miners.
Hut 8 Corp（納斯達克股票代碼：HUT）的股票一直備受關注，比特幣減半事件影響了礦商。
Following the merger of "old HUT" with US Bitcoin Corporation (USBTC), which closed in November 2023, the prospects of the new entity have been buoyed by diversified revenue streams and initiatives to increase profitability, according to Benchmark.
根據Benchmark的數據，繼 “老HUT” 與美國比特幣公司（USBTC）的合併於2023年11月結束之後，多元化的收入來源和提高盈利能力的舉措提振了新實體的前景。
The Hut 8 Analyst: Mark Palmer initiated coverage of Hut 8 with a Buy rating and price target of $12.
Hut 8分析師：馬克·帕爾默開始對8號小屋進行報道，評級爲買入，目標股價爲12美元。
The Hut 8 Thesis: The discount at which the stock trades to its Bitcoin mining peers could shrink "as the company executes on its self-mining expansion plans," Palmer said in the initiation note.
Hut 8論文：帕爾默在啓動說明中表示，“隨着公司執行其自採擴張計劃”，股票與比特幣礦業同行的交易折扣可能會縮小。
Check out other analyst stock ratings.
查看其他分析師股票評級。
The management team is focusing on expanding the company's energy capacity, "as it has more than 1,100MW of energy development capacity under exclusivity that would enable ~63 EH/s of hash rate capacity using current generation mining rigs," the analyst wrote.
該分析師寫道，管理團隊正專注於擴大公司的能源產能，“因爲該公司擁有超過1,100兆瓦的獨家能源開發能力，使用當前一代採礦設備可以實現約63 EH/s的哈希率容量。”
Meanwhile, management halted purchasing new mining rigs to boost the company's self-mining hash rate "given its expectation that more efficient 3 nanometer rigs will become available in the coming months, followed by even more efficient 2 nanometer rigs," he added.
同時，管理層停止購買新的採礦設備以提高公司的自採哈希率，“因爲他們預計未來幾個月將推出效率更高的3納米鑽機，隨後還會推出效率更高的2納米鑽機，” 他補充說。
Following the merger, management has focused on lowering the company's "cost of mining Bitcoin and its realized cost of energy" and increasing cash flows, Palmer further stated.
帕爾默進一步表示，合併後，管理層一直專注於降低公司 “開採比特幣的成本及其已實現的能源成本”，並增加現金流。
HUT Price Action: Shares of Hut 8 had risen by 9.56% to $8.83 at the time of publication on Monday.
HUT價格走勢：週一發佈時，Hut 8的股價上漲了9.56％，至8.83美元。
Photo: Shutterstock
照片：Shutterstock
譯文內容由第三人軟體翻譯。