Hut 8 is trading at $92.53 (up 4.9%) in pre-market, rebounding modestly after several sharp down sessions and a 5.2% drop on Wednesday.
- The recovery follows recent selling pressure tied to AI-valuation concerns and profit-taking across the sector.
- Broader market sentiment is improving, with both tech futures and Bitcoin trading slightly higher this morning.
- The upward move appears to be a relief bounce driven by broader risk sentiment in tech and crypto rather than fresh, company-specific news.