Source: Coindesk.com
Hut 8 now has a more diversified business model following its merger last year with US Bitcoin Corporation, the report said. Benchmark initiated coverage of the bitcoin mining stock with a buy rating and a $12 price target. Its bitcoin stash of 9,102 coins provides it with a sizable liquidity cushion, the report said.
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The post "Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark" appeared first here Coindesk.com.
Source: Coindesk.com
