On September 22, Hut 8 Mining Corp rose 5.2% in regular trading, trading at $108.74 per share with turnover of $66.83 million, extending its recent rebound momentum. The rally was broadly supported by continued strength across the cloud computing services sector.

On the news front, NEBIUS previously announced a comprehensive price increase on its GPU cloud services effective October 1, with an average hike of approximately 20%, further confirming the persistently tight supply-demand dynamics in AI computing power. The pricing action has fueled a broad rally among cloud computing service providers. On the fundamental side, Hut 8 Mining Corp has accumulated multiple positive catalysts in recent weeks, including NVIDIA signing a long-term lease valued at up to $50 billion, Anthropic entering a $35 billion cloud computing agreement with NVIDIA-backed Lambda, and the addition of NEBIUS and CoreWeave to the Nasdaq 100 Index, which has collectively driven sustained sentiment recovery across the sector.

Additionally, Hut 8 Mining Corp recently confirmed it will retain ownership of its Canadian data centers and continue operating its GPU and high-performance computing business, while divesting its legacy managed hosting cloud services to Opti9 Technologies, signaling a strategic focus on AI and cloud infrastructure expansion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)