Hut 8 is trading 4.23% up at $85.55, supported by a powerful cryptocurrency rebound.
- Bitcoin is up 4.44% since the previous close, while Ethereum has gained 7.72%.
- The rally followed expanded U.S. Treasury long-term bond buybacks, renewed support for the CLARITY Act, and short liquidations exceeding $3.2 billion.
- Broader technology stocks are weaker, but crypto-market strength appears to outweigh macro pressure.