On September 18, Hut 8 Mining Corp rose 5.3% in regular trading, trading at $95.72/share, with turnover of $328 million, extending its recent rebound momentum.
On the news front, NEBIUS announced it will raise GPU cloud service pricing across the board starting October 1, with an average increase of approximately 20%, further confirming the persistently tight supply-demand dynamics in AI computing power. The price hike covers multiple chip models including H100, H200, B200, and B300, marking the second round of increases since May. Meanwhile, Texas grid operator ERCOT completed its first Batch Zero screening, with Hut 8's 1 GW Beacon Point campus qualifying for conditional base load classification, reinforcing the company's positioning in AI infrastructure.
On the fundamental side, Hut 8 has accumulated multiple positive catalysts, including NVIDIA's long-term lease agreement valued at up to $50 billion, Anthropic's $35 billion cloud computing deal with Lambda, and the inclusion of NEBIUS and CoreWeave in the Nasdaq 100 Index, all of which have supported continued sector sentiment recovery following the pullback triggered by three major AI leaders calling for slower model development.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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