On September 1, Hut 8 Mining Corp rose 5.47% in after-hours trading, trading at $83.00 per share, with turnover of approximately $5.18 million. The stock had previously closed at $79.42 on August 28 amid broader market volatility, and this after-hours rebound follows a continued surge in Bitcoin prices and renewed risk appetite across the crypto infrastructure sector.

On the news front, Bitcoin recently reclaimed the $80,000 level for the first time since May, surging approximately 23% in a single week and briefly topping $81,000. U.S. spot Bitcoin ETFs recorded over $2.6 billion in net inflows over eight consecutive trading days, signaling robust institutional demand. Analysts noted that both AI-related equities and crypto assets are now benefiting simultaneously from improving market risk appetite, rather than competing for capital.

Hut 8 is also positioned at the intersection of crypto mining and AI infrastructure. Earlier, the company fully commercialized its 1-gigawatt Beacon Point data center campus in Texas through two 15-year leases with a combined base-term value of $19.6 billion, with renewal options potentially reaching $50 billion over 30 years. Morgan Stanley initiated coverage with an Overweight rating, citing the AI data center transformation opportunity for crypto miners.

(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.)