Source: Coindesk.com
Canaccord said Hut 8 is more diversified following its merger with US Bitcoin Corp. The broker reduced its price target to $14 from $17.50, while it maintained its buy rating. The company’s stash of over 9,000 bitcoin gives it significant flexibility, the report said.
Bitcoin (BTC) miner Hut 8
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The post "Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord" appeared first here Coindesk.com.
Source: Coindesk.com
