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The Nexus
BUSINESSJul 22 · 17:46 UTCTHE BLOCKKyle Baird

Benchmark sees Hut 8 becoming a ‘power-first data center REIT,’ raises target another 18%

Benchmark has raised its price target for Hut 8 by 18%, labeling the company a 'power-first data center REIT'. The new target implies a 75% upside, as Hut 8 shares have already increased nearly 120% year to date.

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Benchmark sees Hut 8 becoming a ‘power-first data center REIT,’ raises target another 18% · The Nexus