Hut 8 Swings to Loss Amid Bitcoin Halving Headwinds
Despite the crypto boom, Hut 8 Corp recently had one of the largest US-listed stock downgrades on record. Their Q3 net loss came in at $134.3 million. That’s a $250.7 million reversal from the $250.7 million profit the company posted in that same quarter last year. That drop is due...