The Key Reason Why Hut 8 Plunged 12% Today [Yahoo! Finance]
American Bitcoin Corp. - Class A (ABTC)
Company Research
Source: Yahoo! Finance
However, there is one other company-specific driver of today's move that is worth exploring. Let's dive into what's moving the needle for Hut 8 today. 10 stocks we like better than Hut 8 › As of 3:45 p.m. ET, shares of Hut 8 Corp. (NASDAQ: HUT) are down 12%, a move that's significantly larger than similar downside moves we've seen in the crypto space today. A top Bitcoin miner with significant exposure to the world's largest cryptocurrency , price fluctuations are certainly one reason for today's decline. The price of Bitcoin has once again slid below the key $90,000 mark. This decline of more than 28% from Bitcoin's recent peak is suggestive that investors are taking a much more risk-off approach to certain sectors. If Bitcoin's decline continues, companies that hold significant amounts of Bitcoin on their balance sheets (mostly Bitcoin treasury companies and Bitcoin mining firms like Hut 8) could see continued downside from here. That said, there's another key reason wh
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News
- Hut 8's AI data center deal is bigger than meets the eye: Benchmark lifts price target to $85 [Yahoo! Finance]Yahoo! Finance
- Crypto Market News Today, December 17: Fidelity Says Bitcoin Is the Gold Standard as They Scoop The Bottom Price and Hal Finney–Satoshi Talk Returns [Yahoo! Finance]Yahoo! Finance
- American Bitcoin Enters Top 20 Publicly Traded Bitcoin Treasury Companies by HoldingsPR Newswire
- American Bitcoin (NASDAQ:ABTC) was upgraded by analysts at Roth Capital to a "strong-buy" rating.MarketBeat
- Trump-backed crypto stock stumbles despite beating GameStop [Yahoo! Finance]Yahoo! Finance
ABTC
Sec Filings
- 12/22/25 - Form SCHEDULE
- 12/18/25 - Form 4
- 12/9/25 - Form 4
- ABTC's page on the SEC website