🟢 Hut 8 is trading 4.3% up in pre-market as Bitcoin and Ethereum rally

Hut 8 is trading 4.3% up in pre-market at $102.98 after Bitcoin gained 3.95% and Ethereum rose 3.28% since the September 18 close, supporting crypto-related equities.

• The broader risk-on backdrop also helped: S&P 500 up 0.65% and Nasdaq Composite up 1.10%.
• Wells Fargo’s September 17 Overweight initiation and $175 target remain supportive.
• No new September 21 company-specific announcement was identified.