Bitcoin Miner Hut 8 Surges 10% on 1.5GW Expansion Plans
Investment bank Roth Capital said the move had the potential to "materially re-rate the stock."#BTCWhalesMoveToETH
Hut 8 plans to more than double its power capacity by developing four new sites in the U.S., expanding to over 2.5 GW across 19 locations.
The company's stock surged 10% to a seven-month high on the news.
Data center firms gain investor interest due to rising demand for AI computing power
